How can dealerships adapt to diminishing personal car ownership?

Dealers are likely looking at the flat or declining sales forecast for this year and figuring out how they will make up for that loss of new car sales profits. They should also be thinking longer term, because the entire nature of car ownership will have changed dramatically in just a bit over a decade, per KPMG. Personal ownership has peaked in the U.S., or will in the next few years, and be replaced by mobility services, KPMG principle Jono Anderson, tells Automotive Buy Sell Report. Mobility services include ride hailing services such as Uber and Lyft, but also, increasingly, will be based on fleets of autonomous vehicles. Mobility services represent about seven percent of all miles driven today, he says. That will increase to 20 percent by 2030.