Recent analysis of the impact of the trends towards urbanization have suggested that growth in the number of vehicles in operation will not be as robust as previously expected by virtually all forecasters. Please find attached a high-level summary of a proejct we recently completed looking at the impact of congestion, its self-limiting characteristics as well as efforts by city policy makers and regulators to reduce traffic. the reuslts suggest that the total number of vehicles will be some 10 to 15 % lower than previously forecast. This assuems no change in scrappage, which is unlikely. Increases in scrappage will drive the number lower. Please see the attached breif document.
How do we take advantage of and encourge this trend?
How does this impact other sustainabilty efforts?