Articles by tag: car shortage
Turo, the decentralized gig-style car rental platform, has been drawing a lot of attention from investors and car-owners alike since the start of summer. Many have referred to Turo as the “Airbnb of cars”, with the platform boasting 450,000 listings across the U.S. and Canada, allowing renters to book vehicles directly from their owners. […]
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Transportation
Turo is Decentralizing the Car Rental Industry. But Can it Scale?
Since the start of summer, the car rental industry has been trying to maneuver a mass car shortage. Because of the global semiconductor shortage, automotive OEMs slashed car production at the onset of the pandemic. But now that car demand has respiked and folks are commuting, traveling intranationally, and investing in new vehicles, OEMs are […]
Transportation
The Three Most Important Trends Shaping the Automobile Ecosystem
“The ride-share approach to public transportation may make access more equitable in the U.S.” The auto industry is undergoing a major transformation due to a variety of factors, from COVID-19 to supply chain issues to changing perspectives on mobility. Tackling some of the most pressing trends, MarketScale TV host Daniel Litwin spoke with Carl Anthony, Managing […]
Transportation
Why a Car Rental Shortage is Making the Case for ‘Rideswitching’
“The propensity to travel has recently increased again, and at the moment, we see people clamoring and looking for solutions and workarounds to be able to continue their travel plans.” As the car rental industry struggles to stay afloat amid a car shortage, MarketScale TV explores innovations in ridesharing and carsharing with a company that’s […]