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Consumers May Buy Fewer Cars in Areas Served by Uber, Lyft: US News

The study, compiled by the University of Michigan Transportation Research Institute, Texas A&M Transportation Institute and Columbia University, focused on Austin, Texas, where on-demand services like Uber and Lyft pulled services due to a local ordnance. The study found that 41 percent of 1,200 people surveyed said they used their own car to fill the […]

The study, compiled by the University of Michigan Transportation Research Institute, Texas A&M Transportation Institute and Columbia University, focused on Austin, Texas, where on-demand services like Uber and Lyft pulled services due to a local ordnance. The study found that 41 percent of 1,200 people surveyed said they used their own car to fill the void left by Uber and Lyft, and 9 percent purchased a vehicle for this purpose.

Source: Consumers May Buy Fewer Cars in Areas Served by Uber, Lyft: Study | Technology News | US News

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