Automotive OEM Earnings Calls Has Grown Exponentially
Mentions of Ride-Sharing, and related companies, in Automotive OEM Earnings calls has grown exponentially over the last 5 years. While these companies are talking more about their RideSharing initiatives, the positivity around these statements has steadily declined. Between 2010-15, Auto OEMs were hesitant to talk too much about the “Ride-Sharing Revolution”.However, they were largely positive about the segment. Uber’s successes in this period forced the OEMs to make their own entrance and as a result the mentions of the sector grows significantly post Uber attaining Unicorn status. Lately, Ride-Sharing has entered a period of quiet consolidation with mergers and partnerships being brokered by the likes of SoftBank Group and other major players.
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