America’s car culture is headed for a sea change. Ride-sharing businesses like Uber and Lyft are increasingly popular. Dense urban centers have more walkable designs, plus ever more bike lanes and public transit on offer. For younger Americans especially, rising inequality and financial precariousness make purchasing or leasing an expensive vehicle — which will spend most of its life parked — a a less-than-attractive lifestyle choice. This is a really big deal, and not just for the way we get around. Forty-one percent of automaker profits come from new car sales. By 2030, industry forecasts show that dropping to 29 percent, The New York Times reported. That’s a change of many billions of dollars. It’s no wonder that major automakers like Ford and GM are already planning to expand into services like car sharing and even bikes.
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