Subscriptions Not Considered Popular
Survey shows most industry pros are pessimistic about mainstream adoption.

Wards points out that carmakers are offering more subscriptions as a way to establish new revenue streams.
IMAGE: Pexels/Garvin St. Villier
A survey by Wards Intelligence found that few see vehicle subscriptions taking off anytime soon.
The survey of automakers, suppliers, consultants and other industry professionals on new-vehicle consumers propensity to pay for subscriptions, too.
The majority of respondents, 32%, indicated that just 10% to 20% of bought or leased vehicles would result in at least two active subscriptions by 2030.
The smallest number of survey respondents, or 8%, said they think more than half of newly acquired vehicles will have that many subscriptions by that point, Wards said.
It said industry expert and author Steve Greenfield says reluctance to embrace subscriptions appears to be highest among older generations but that millennials and generation Z are used to subscriptions of various kinds, so the trend may take hold later as those cohorts enter the new-car market.
Wards points out that carmakers are offering more subscriptions as a way to establish new revenue streams.
Originally posted on Auto Dealer Today
More Product & Technology

AppOne Partners With RouteOne for E-Contracting Solution
By digitizing the entire contracting and funding process, the company says auto dealers can eliminate frustrating and disorganized manual processes.
Read More →
Senators Propose Chinese Connected Car Ban
Just weeks before President Trump is set to meet with the Chinese president, two U.S. senators proposed a bill with the aim of protecting Americans’ data.
Read More →
Subaru Upgrades Safety Tech
Amid increasing regulation and consumer demand, the automaker has partnered with Infineon to update its advanced driver-assistance systems with the aim of greater safety and security.
Read More →
AAMS Training and Mosaic Compliance Services Merge
The strategic combination is intended to expand technology-driven compliance solutions for the automotive industry.
Read More →
Dealership AI Use on the Rise
The most common artificial intelligence applications in automotive retail include customer communications, scheduling, reporting, marketing content and handling of online leads.
Read More →
Auto Software Collaboration Grows
More OEMs and U.S. auto parts makers joined the global initiative to leverage open-source software development for greater efficiencies and vehicle innovations.
Read More →
In-Vehicle AI Predicted to Spike
Frost & Sullivan expects a $238 billion market opportunity for the technology in automobiles by 2030 as AI applications shift to more mass-market applications.
Read More →
What to Do When Your Vendor Is Hacked
The quickest way to turn a breach into a crisis is to wing it. Follow this seven-step playbook to ensure you meet your obligations.
Read More →
AI Can Enhance Dealer Ops
Personalized messaging is increasing appointment conversions by 26%, Cox Automotive says.
Read More →
Captive Auto Lenders Behind on Digital
Consumers demanding efficient, seamless online experiences as they shop for loans, survey finds
Read More →