Posts Tagged ‘Columbia University’

Ride- and Car-Sharing Cuts into Vehicle Sales, Study Claims

Sudden lack of options forced change in habits.

by on Aug.11, 2017

Through the first half of 2017, Lyft has already exceeded its total ridership for all of 2016.

A new study by researchers from three universities reveals that the consumers are likely to buy or lease fewer vehicles in areas served by ride-sharing companies, such as Uber or Lyft, or car-sharing oufits.

Researchers at the University of Michigan Transportation Research Institute, Texas A&M Transportation Institute and Columbia University surveyed more than 1,200 people in Austin, Texas, to examine how their habits changed after Uber and Lyft pulled drivers out of the city due to change in a local law.

The Inside Story!

“On-demand, ride-sourcing services have grown tremendously in the last decade and they promise a host of potential public benefits—reduced energy consumption and greenhouse gas emissions, easing of road congestion, as well as affordability, and accessibility,” said Robert Hampshire, a professor at UMTRI and lead author of the new study.  (more…)