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No, you made that up. There has been no decline. https://www.statista.com/statistics/200002/international-car-sales-since-1990/ https://www.statista.com/stati

No, you made that up. There has been no decline. https://www.statista.com/statistics/200002/international-car-sales-since-1990/ https://www.statista.com/statistics/200002/international-car... We’re going to add another 2 billion people and the world is getting richer. What do you think that will do the car sales?

yifanl 7y ago
Um, in the link you give, it shows that car sales have not grown in the past 2 years.
- Zircom 7y ago
  Um, in the comment you're replying to, his claim was that car sales are not 'rapidly declining', which is still true if they are plateauing.
lkbm 7y ago
Bloomberg made it up[0]. It's mostly true of the US, though. [0] https://www.bloomberg.com/news/features/2019-02-28/this-is-what-peak-car-looks-like https://www.bloomberg.com/news/features/2019-02-28/this-is-w... EDIT: More specifically on car sales, they do mention a decline in China: "IHS sees the biggest impact of mobility services coming in China. Auto sales there plunged 18 percent in January, an unprecedented seventh consecutive monthly decline, as commuters rapidly embraced ride-hailing."
- melling 7y ago
  The article also says: “Researcher IHS Markit predicts the 100 million vehicle milestone will be surpassed in the next decade, but only because of growth in China, India, Russia, and other emerging markets” China is already a much bigger car market than the US. They are also experiencing a bit of an economic slowdown, probably cause by the trade war. https://markets.businessinsider.com/amp/news/china-economic-growth-slowing-to-30-year-low-trade-war-2019-7-1028342430 https://markets.businessinsider.com/amp/news/china-economic-...
IMTDb 7y ago
> The world is getting richer. What do you think that will do the car sales? We will have less cars, but each car will spend more time on the road. Currently most car are idle day and night in parking, being driven around 2 H/day (less for many many cars). Some families now are starting to use 1 car for the family + car sharing for everyone instead of 1 car per family member. If you combine that with self driving cars in around 10 years, the money will be made by the car makers making very reliable / sturdy cars for the driverless taxi companies.

yifanl 7y ago

Um, in the link you give, it shows that car sales have not grown in the past 2 years.

Zircom 7y ago
Um, in the comment you're replying to, his claim was that car sales are not 'rapidly declining', which is still true if they are plateauing.

lkbm 7y ago

Bloomberg made it up[0]. It's mostly true of the US, though. [0] https://www.bloomberg.com/news/features/2019-02-28/this-is-what-peak-car-looks-like https://www.bloomberg.com/news/features/2019-02-28/this-is-w... EDIT: More specifically on car sales, they do mention a decline in China: "IHS sees the biggest impact of mobility services coming in China. Auto sales there plunged 18 percent in January, an unprecedented seventh consecutive monthly decline, as commuters rapidly embraced ride-hailing."

melling 7y ago
The article also says: “Researcher IHS Markit predicts the 100 million vehicle milestone will be surpassed in the next decade, but only because of growth in China, India, Russia, and other emerging markets” China is already a much bigger car market than the US. They are also experiencing a bit of an economic slowdown, probably cause by the trade war. https://markets.businessinsider.com/amp/news/china-economic-growth-slowing-to-30-year-low-trade-war-2019-7-1028342430 https://markets.businessinsider.com/amp/news/china-economic-...

IMTDb 7y ago

> The world is getting richer. What do you think that will do the car sales? We will have less cars, but each car will spend more time on the road. Currently most car are idle day and night in parking, being driven around 2 H/day (less for many many cars). Some families now are starting to use 1 car for the family + car sharing for everyone instead of 1 car per family member. If you combine that with self driving cars in around 10 years, the money will be made by the car makers making very reliable / sturdy cars for the driverless taxi companies.