With Subscriptions, Automakers Mimic Netflix’s Playbook

In 2021, credit card statements are loaded with routine monthly charges: Netflix for video, Spotify for music, XBox Game Pass for gaming, Peloton for fitness—and so on, with meal kits, wine boxes, and high-protein, low-carb cereals. The financial services company UBS estimates that the “subscription economy,” powered by pandemic-induced changes in buying habits, will grow […]