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Access to personal mobility increases

  • As incomes rise, individuals seek access to personal mobility that is afforded by cars and motorcycles
  • Motorcycles facilitate a lower cost entry point to personal mobility, with ownership particularly high in Asia Pacific 
  • Car ownership significantly increases in the non-OECD, with Asia Pacific leading the growth 
  • In the OECD, the fleet grows but cars per 1,000 people increases only by about 10 percent from 2015-2040