Consumers may buy fewer cars in areas served by Uber, Lyft, study says
In areas served by Uber Technologies Inc., Lyft Inc. and other ride services operate, consumers may buy fewer cars and take fewer trips, according to a study released on Thursday.
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.
Fuente: Automotive News