This is an odd subject for a site devoted to automobiles. Have we made a bit of mistake? Can we avoid another?
Two items appeared on the ghostly, glowing timewaste that is my iPhone. In one article the CEO of Lyft, John Zimmer, observed that Americans were pouring away an average of about $9000 a year owing a car. He estimated the occupancy rate was about one percent given that most cars have four seats and are used less than 5% of the time.
The Lyft chap predicts car ownership in cities will decline markedly in the next decade: “Every year, more and more people are concluding that it is simpler and more affordable to live without a car,” he wrote. “And when networked autonomous vehicles come onto the scene, below the cost of car ownership, most city dwellers will stop using a personal car.” Continue reading “Joining the Dots”