UK: Streetcar forecasts massive membership rise
Recessionary pressures coupled with customer insistence on greater environmental considerations, have led to a remarkable growth in car club operator Streetcar's membership.
The company - which also announced plans to add the BMW 1 and 3 Series to its portfolio - today unveiled member numbers almost doubling to 75,000 in 12 months, while also claiming even this figure would increase sharply to 250,000 by 2012.
"There are a whole range of factors for the growth," a Streetcar spokeswoman told just-auto. "Certainly the recession has had an impact - it has encouraged people to think more creatively about their costs. There are also those motivated by green factors."
And it's not just private members, who have been attracted to Streetcar. The number of business customers using the car club has soared from 900 in December 2008 to almost 2,000 a year later, according to the spokeswoman, prompting the operator to forecast a fleet rise from 1,100 to nearly 2,000 by September this year.
"These moves are part of our radical expansion plans for 2010," said co-founder Brett Akker. "We believe our growth will enable more and more people to consider giving up a car - a trend which we've already seen increasing dramatically during the past six years."
Streetcar also numbers the Volkswagen Polo, Golf, Touran and Transporter vans among its portfolio, as well as the latest addition of the BMW models. The operator currently focuses on seven UK cities: London, Brighton, Cambridge, Southampton, Guildford, Maidstone and, most recently, Oxford.
BMW's independent streak, Opel's loan bid and extra shifts plus the effects of a certain chancellor's 'Austerity Budget' on the autobiz drew the crowds to j-a this past week....
In the global automotive seating market, suppliers must offer seats that are more comfortable, durable and safer than last year's designs but also lighter and cheaper too....
As the information flood spills out of the home and office into the vehicle, there is a danger of overloading the driver. Matthew Beecham finds out what the industry is doing to give us what we incre...
Vehicle sales in Brazil rose 4.7% in June from May to 262,780 as consumer demand for durable goods and lending remains strong....
- COMMENT: The diminution of Fiat
- COMMENT: BMW & Mercedes battle over self parking
- THE WEEK THAT WAS: 'Game changing' configurator
- RESEARCH SNAPSHOT: Review of front-end modules
- Briefing: Active safety systems
- Arrested Toyota executive quits
- JUST THE FACTS: 2016 Audi A4 first look
- VW plans low cost car family
- UK auto sector delivering on growth
- Infrastructure and logistics make Brazil costly
- Global light vehicle safety systems market- forecasts to 2029
- Magna International Inc. (MG) - Financial and Strategic SWOT Analysis Review
- Global light vehicle OE connectivity market- forecasts to 2029
- Global electric light vehicles market- forecasts to 2018
- PLDB - vehicle cycle plan database (annual subscription)