‘Peak Car’ and the End of an Industry
A cyclist passes a Nissan Motor Co. Leaf electric automobile, operated by ride-sharing startup CleverShuttle, as it sits parked in Berlin, Germany. Photographer: Rolf Schulten/Bloomberg

‘Peak Car’ and the End of an Industry

(Bloomberg) -- For years, Martin Bruesch was the bread and butter of the German auto industry. He routinely used his 211-horsepower Audi A4 station wagon for the 20-minute trip to the office.
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