TORONTO - Ride-hailing apps like those of Uber Technologies and Lyft Inc are expected to alter the state of car ownership towards subscription-based services and shared ownership, auto industry experts said at a conference on Wednesday.
“Your phone will be your car,” said Andre Haddad, CEO of Turo, a peer-to-peer car-sharing company that enables users to rent their cars out to others. Uber said it is the largest ride-hailing firm in the world with 91 million users globally and a 65 percent market share in North America.Haddad said that car ownership among young adults was on the decline, with fewer adults under the age of 25 purchasing cars.
We’re sharing everything else, why not? Addresses the big city parking issue too. winwin
Not unless they improve safety
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