Here’s a fascinating article on parking – history, present, and future, that gets into the future of cars altogether. People are buying fewer cars and using more ride-sharing tools. Now, just because the Millennial generation is not interested in owning cars, that’s no guarantee their children won’t embrace them. But there are good reasons to reduce the number of cars on the road and in parking lots, and good reasons to walk, bicycle, use public transit and ride-share.
But here’s a case where a change in habits will decimate an industry. Car makers and dealers will go out of business or greatly reduce. I think it’s best if these businesses start looking now for ways to get through this change. If we can see it coming, there’s no reason to let it destroy livelihoods and lives… do something else. Adjust early and don’t wait for the tsunami of failure.
What do you think car makers and dealers can do in the future? How can they evolve?