worldUpdated: May 16, 2020 18:38 ISTThe coronavirus pandemic has revived customers’ interest in having their own car. The outlet cited analysts and executives as saying that many car owners who previously had left them home in favour of shared or public transportation are now taking their own vehicles out of safety concerns. This sudden interest in use of private transportation is already having an impact on Uber and its ride-hailing rival, Lyft Inc, reported The WSJ. “Rider demand on our platform will be down for the foreseeable future,” Lyft CEO Logan Green had said last week. Mike Jackson, chief executive for AutoNation Inc., the US’s largest dealership chain, while speaking of customers who are heading to showroom said they want personal space in mobility.
Source: Wall Street Journal May 16, 2020 13:09 UTC