Uber, Lyft Have Surpassed Taxis, Now Spell Trouble For The Rental Car Business

Rental car companies: look in your rear view mirror. Ride sharing services like Uber and Lyft are gaining on you.

“Ride sharing, having already overtaken cabs, is catching up to rental cars,” says Kevin Wolf, spokesperson for business expense management firm Certify, based on data from July through September of 2015.

Read the rest of the story on my Forbes Seat 1A site.

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