The automotive industry is shifting from being product-centric and asset driven, becoming a more service-oriented industry. Customers (both commercial and private) are increasingly aware of the total cost of ownership and are demanding flexible and predictable rate-based models. Automotive manufacturers, for their part, are embracing the opportunity to drastically increase customer lock-in and upselling. Advances in telematics technology will soon provide the means to efficiently manage mobility fleets, to add a broad range of services, and to offer fully flexible solutions such as corporate car sharing.