Drumbeat: June 15, 2013

The Shrinking Road, Part 1: Have We Hit ‘Peak Cars’?

BOULDER, Colo. — Remember the concept of “peak oil”–that the world will soon achieve the maximum rate of petroleum extraction possible, if it hasn’t already? Now the question may be have we reached an era of “peak cars”?

In a recent webinar held by Navigant Research, “Peak Cars: Flattening Vehicle Sales & Their Implications for Automakers, City Planners & the Cleantech Industry,” analysts shared their projections on the potential and impact of long-term static and declining automotive sales. While North America has not yet hit its “peak” in automotive sales ...

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