Car sharing and taxi in 2022

Car sharing and taxi in 2022 Blanc Media LTD

Under these conditions, car manufacturers are forced to experiment with new business models to maintain their position in the market. Let`s find out who will win in the long term and how urban mobility will develop in the market.
2022-01-19, by ,

#2021 || #Cars || #Industry ||

Table of contents:

Car sales are down

In the 2010s, the car market was going through difficult times: car sales were constantly falling, manufacturers recorded losses, and analysts were seriously talking about the crisis.

The turning point should be 2019, after which the decline in sales will reach an all-time low since the financial crisis of 2008. The decline in demand overtook even the largest car market: in China, sales fell by 10%. In the US-by 1.3%.

Why is this happening? There are several reasons. One of the main factors is the spread of tax As IMF experts found out, the availability of retail car rental services strongly influenced residents of megacities.

The second factor is the acceleration of technological progress. Why buy a new car model if an improved version with advanced features and a comparable price will be released tomorrow? Consumers adopt a wait-and-see attitude and are in no hurry to make a purchase.

Do not forget about saving. Recently, analysts at HSBC Bank (VIN lookup) found that a Russian driving less than 5,400 km per year is more profitable to use a TA. Using carsharing is even more profitable. According to Data Insight and Y In these conditions, especially in view of the increase in tax rates in 2019, buying your own car seems less palatable to consumers.

Democratic brands are losing ground

The wait-and-see attitude that consumers have adopted first of all affects Democratic brands. For example, Nissan`s sales in Russia fell by 16% in the first 9 months of 2019. Renault, Tootaota, Mitsubishi and Mazda also sell worse. In general, in this period, the dynamics stood at -2.5%. In the premium segment, the figures are better - + 2.7%.

The statistics of & quot;AUTOSTAT" for November (ref.: VIN check) looks even sadder: in the mass segment the sales decline was 8.5%, while in the premium segment sales increased by 6.4%. The popular KIA and Datsun models also began to sell worse.

at the same time, the mass market share in the Russian car market exceeds 90%, and poor sales statistics are reflected in the indicators of the entire car market. Manufacturers enter the new decade in a very precarious position, especially given the strong growth in research and development costs in the field of unmanned technologies.

Free parking will (also) be less

The more accessible parking spaces are, the more often residents use their own car. Free parking in megacities is an absolute plus for car owners, but they multiply the number of cars on the roads and aggravate traffic jams, their maintenance is very expensive for the city. Studies show that the availability of parking spaces is inversely proportional to the demand for public transport: the higher the fares, the less often residents use their own car.

In the city, paid parking zones began to be introduced 7 years ago, their coverage is increasing every year, and tariffs are increasing, and in the future they can grow to $ 10-30 per hour (recently, Deptrans announced that it plans to expand the coverage of paid parking in several areas).

in addition, in Russia they want to revise the standard for the size of a parking lot for cars, reducing it by half a meter in width and 0.3 m in length. For this reason, they want to increase the capacity of paid zones. The path to expensive parking will only intensify in the coming years, reducing the number of cars in the center and unloading roads are still the main KPIs of Deptrans.

Car sharing and taxi

Urban planning expert Donald Shoop calculated that over the course of his life an average car spends 95% in a static state: a private car in Moscow gets out of the yard or garage less than once a week. For comparison, a car sharing car makes from 6 to 10 trips, and a TA. As a result, the efficiency of the vehicle increases: it is less idle and carries several times more people per day. See details here VIN lookup free.

So, car sharing users usually travel about 13 km, spending an average of 32 minutes and 224 rubles on the trip. They save on gas and parking, and in the long run do not spend on repairs, taxes and insurance. At the same time, Muscovites who go to the city every day spend about 200 hours a year looking for a parking space.