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Car subscription services: A slow, expensive start — but the potential is huge

Americans are used to paying for subscriptions — to magazines and cable television, for instance — but experience shows they'll cancel when the price of admission gets too high, or there are more tempting alternatives. Cord cutters ditched nearly 1.5 million pay-TV subscriptions in 2017, according to a survey by Leichtman Research Group. Cable TV started out cheap with basic offerings, and then got expensive. The auto industry's subscription offerings are new, but they're starting out costly, and not price-competitive with traditional leasing. The upside is that they take the hassle out of car ownership for busy people by letting the service take care of maintenance, insurance, licensing and taxes. And they give consumers choice, often allowing relatively painless switches between different cars in the automakers' lineup. Subscription services also point the way toward an ownership-free auto experience, and offer an easy transition to a potential world where ride- and car-sharing will be dominant. Subscriptions are here to stay, but consumers may take a while to "get" them. Lincoln's subscription service for lightly used 2015 to 2017 models, offered through the Ford-owned Canvas beginning this year, got off to a slow start. Many early subscribers canceled. Last month, Cadillac announced it would " temporarily pause" its $1,800-per-month Book subscription service for "adjustments" as of December 1. According to the Wall Street Journal, "Snags with the back-end technology used to support the service made some customer-service functions tedious and time-consuming, adding costs for the company." The challenge for automakers is to come up with a strategy that offers consumers a compelling, affordable option to regular ownership, and one that can also make a profit. I think they'll find that sweet spot, but they're not there yet. Jack Nerad, former executive editorial director at Kelley Blue Book and author of " The Complete Idiot's Guide to Buying or Leasing a Car," points out that "A lot of people expected that subscriptions would be very valuable for people who wanted inexpensive transportation, but the reality is quite the opposite. Subscriptions are offering more choices for the wealthy.

Nokia Here Purchased by BMW, Audi, Daimler | Autoblog Minute

In a three company partnership the German automakers BMW, Audi and Daimler are set to take ownership of Nokia?s Here mapping technology. Audi BMW Autoblog Minute Videos Original Video Nokia nokia here

BMW working on X2 crossover

Like the rest of the auto industry, BMW is going wild for crossovers, and the company's North American boss is wishing for supply to sell even more vehicles in the segment. It looks like the Bavarian brand is ready to feed all of this demand because the X2 reportedly has the green light for production, according to unnamed insiders speaking to Autocar. As its name suggests in BMW parlance, the X2 would be a five-door, high-style, coupe-like CUV that would be a smaller take on the X4 and X6. While these models aren't necessarily paragons of aesthetic beauty in the brand's lineup, their development is partially subsidized by other vehicles. The X2 reportedly shares drivetrains, electrical systems, and a platform with the next-gen, front-wheel drive X1 (pictured above). Sales in the UK at least could begin as soon as the second half of 2017, according to Autocar, and an M Performance version boasting up to 300 horsepower might even join the lineup in 2018. "We're finalizing the first prototypes now," a source said to Autocar, and a concept should preview the design before release, possibly at next year's Geneva Motor Show. BMW trademarked the X2 name in 2012, and rumors have continued to arise about it since then, including a possible design sketch. Related Video: