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Uber Takes Biggest Bite Out Of Taxi, Rental Car Industries

Posted on July 27, 2017
Many corporate travelers are making the switch from renting a car to taking an Uber or Lyft. (Creative Commons photo via Flickr.com by Atomic Taco)
Many corporate travelers are making the switch from renting a car to taking an Uber or Lyft. (Creative Commons photo via Flickr.com by Atomic Taco)

New data shows business travelers are increasingly turning to Uber and Lyft while taking fewer cabs and renting fewer cars when out on the road.

Meanwhile, both Uber and Lyft grew their share of the ground transportation market by 2%. Uber controlled 55% of the ground travel expenses for business travelers, while Lyft had 8%.

CNBC article here

Related Topics: ground transportation, rental cars, taxis, TNCs, Uber

Comments ( 1 )
  • Amthony

     | about 10 months ago

    The car rental industry needs to educate their customers, these executives dont understand their safety risks by using guber rise by 100% They have no idea most of these guber guys dont really know how to drive a vehicle. We all spot them in shopping centers stopping in the middle of traffic and blocking other vehicles. Jwa airport had over 126 complaints from their guber customers advicing their driver was or looked like he was under the influence of drugs or alcohol !#!!# Educate the customers and change their habits.... we have customers that tell us they dont use them when going long distance or leaving their homes for vacation.... Lets focus on the 24 year old female that was in a guber toyota sienna and the driver ran a red light, she is now paralized and suing guber,driver Guber refuses to pay medical bills stating tbey are just a tech company Lets keep updating www.whosdrivingyou.org We are focused on customers with $$$$$ and not people that want a taxi ride

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