The Past We Lived Through
The taxi industry has been a part of city and community landscapes since the “modern” taxicab first appeared on the streets of London in the late 1800’s. Since then, taxis have grown into a massive worldwide industry with strong regulation and protection in most jurisdictions. Such… Read More
Tag: lyft
Time for the ZeroDollar Car?
Bankrate.com came out with a report last week raising questions regarding new car pricing with a city-by-city breakdown of affordability. Bankrate’s key finding: a median-income household can not afford the average price of a new vehicle in any of the 50 largest cities in the U.S.… Read More
Ride Hailing is Not Ride Sharing
There are many misconceptions about ride sharing as journalists and analysts are wont to refer to Uber, Lyft, DiDi and the rest. Conceived as a means to increase asset utilization by allowing drivers to pick up passengers along their way, ride sharing services instantly became ride hailing services directly competing with taxis… Read More
Roger Rabbit Redux – Self-Driving Car Edition
With General Motors investing $500M in Lyft and buying Cruise Automation (aftermarket self-driving car technology) for $1B, there are some people speculating that the company may be recreating its mid-prior-century effort to monopolize mass transportation. In the 1940’s, National City Lines and Pacific City Lines,… Read More