When fuel prices rise people would consider abandoning car ownership

March 14th, 2012 by Oliver Wyman

Urban dwellers in Western Europe and Asia would seriously consider a change in their primary mode of transport – including abandoning auto ownership – according to a recently released study by Oliver Wyman and the ESB Business School Reutlingen (Germany). The “Future of Mobility” found that, if fuel prices rose significantly by 2030, approximately 77% […]