Car sales could decrease by 40% over the next 25 years

Individual car ownership, which continues to grow, will begin declining with more car sharing, more fleet ownership of cars. Brian Johnson, head of Barclays auto analyst team, reiterated his prediction from last fall that auto sales would drop 40% in the United States in the next 25 years (and U.S. auto manufacturing plants consolidating from 30 to 17 plants). IHS’s Gott sees more shared mobility with congestion becoming a bigger issue in large cities around the world.