Whilst a shift towards usership is not a new trend, there are multiple factors in the market which continue to drive take-up within Europe overall. There is expected to be a continuçng shift towards usership vehicle products in both PC & LCVs, and across all customer segments. According to CVA, usership will increase rapidly from around 35% of total market to around 60% by 2030, becoming dominant in Europe for B2B and gaining parity in B2C volumes.
Amelia Bradley, CVA Senior Manager Automobility Platform, presents this continuing trend and its implications on all industry players in a webinar by the Mobility Community titled ‘From owning vehicles to using vehicles: growing financing needs’.
From owning vehicles to using vehicles: What will be the impact?
Related news & insights
Coterie Insurance to launch cyber coverage for SMEs
Coterie Insurance, a leading insurtech MGA focused on streamlining small business insurance, has announced the introduction of cyber insurance on...
John Berry, CEO of Qorus, to speak at the 40th ABA General Meeting and Conference in Taipei
John Berry will speak on the morning of Tuesday, November 19, during Plenary Session 4.
Banque Populaire and Caisse d’Epargne partner with Médecins Solidaires to combat medical deserts
The collaboration aims to finance health centers and recruit general practitioners to serve rural areas lacking medical services.
Capital One introduces AirKey, a fraud prevention solution for financial institutions
Developed over seven years, AirKey transforms credit and debit cards into tap-based authentication tools, providing an additional layer of protection...
Virgin Money re-enters home insurance market with new products for homeowners and landlords
This collaboration provides customers with a fast, simple, and competitive insurance solution.
Innovation Radar: Banking Innovation Awards winners 2024
This year, we received over 390 innovations from 177 financial institutions across 57 countries, truly showcasing innovation in the banking...
Qorus and Infosys Finacle announce winners of 2024 Banking Innovation Awards
Qorus, a global association for retail financial institutions, and Infosys Finacle today announced the winners of the eleventh annual Qorus-Infosys...
Infrequently asked questions: Critical insights for business strategy success
Think outside the box: Fatih Ogun, Head of Strategy at Akbank, shares some bold and rarely-asked questions that may hold...