MANILA - The Land Transportation Franchising and Regulatory Board (LTFRB) on Wednesday stood pat on its position to disallow ride-sharing franchises for lease-to-own vehicles. The LTFRB said it will only process a franchise application for a transport network vehicle service (TNVS) if the car's official receipt and certificate of registration are in the name of the prospective operator. "The operator is the registered owner because a franchise can only be given to a registered owner. Lease-to-own, just like the hatchbacks before, we said no," said LTFRB board member Aileen Lizada. Hatchbacks will be allowed to operate during the transition period "in order for them to pay whatever amortization they need to pay," Lizada said, but lease-to-own cars will not be given the same leeway. She said there are about 20,000 to 30,000 vehicles that are lease-to-own. "Lease to own, dapat 'di bigyan ng prangkisa kasi ang nakapangalan diyan, in this case, Toyota ...Why, in case of any accident, … [Read more...] about News LTFRB still won’t issue franchises to lease-to-own ride-sharing cars
By (AFP) Frankfurt Am Main– A boom in car-sharing could slash the number of vehicles on European roads by 80 million by 2030, a study published Monday predicts. But roads could become busier even as Europe’s fleet of cars falls from 280 to 200 million, consultancy PwC forecasts, as shared vehicles will be used much more frequently than privately-owned ones. ”Within a few years, the present norm under which most people drive their own car will be just one mobility concept among many,” PwC auto expert Christoph Stuermer said. The experts believe up to one in three kilometers travelled on European roads could use some form of car-sharing in future, predicting that services will become just as accessible in the countryside as in cities. Increasing numbers of electric and self-driving cars will encourage people to try out car-sharing, PwC expects. And self-driving cars will make some journeys with no human on board at all, for example on their way to pick up … [Read more...] about Car-sharing means fewer cars, busier roads in 2030
By Wilson Chua How can Metro Manila solve its horrific traffic? Is MMDA’s no-window Color coding actually helping to reduce the vehicle volume? Anecdotal evidence say otherwise as people just buy more cars. This defeats the color coding scheme. Could Grab’s Ride sharing be a better solution? I listen to Anthony and Hooi Ling talk about Grab and their successes. It was their 5th year anniversary. Along the way, I can’t help but think about the following upsides of Ride sharing: Grab’s Ride-sharing service puts “more people into fewer vehicles”. This increases both the efficiency of cars and the number of passengers per car. It is quite easy to see that a parked personal car is wasted most of the day. While a ride sharing car is in use most of the times to ferry passengers. More to the point, Grabshare has since booked over 8 million rides and 72 million kilometers traveled in Asia. This removed a whopping 19,000 cars off the road. It also saved an … [Read more...] about Can Ride Sharing ease Traffic?
41% of Uber and Lyft customers in Austin, Texas, reported they switched to their own personal car after those apps suspended service in that city. 37% of car-share rental app users in London reported they decided not to buy a car, according to a study by Imperial College. And a YouGov poll says 43% of Londoners regard Uber as a genuine alternative to owning a car. The UK has experienced a sudden decline in car sales even though the economy is growing. Apps like Uber and DriveNow may be doing to cars what the web already did to newspapers: Two academic studies published this year have shown that people say they will reduce their use and ownership of private cars when they have access to ridesharing apps like Uber and Lyft, or car-sharing apps like DriveNow. A team of researchers at the University of Michigan Transportation Research Institute, Texas A&M Transportation Institute, and Columbia University, found that 1,840 users … [Read more...] about Apps like Uber and DriveNow may be hurting the demand for new cars, studies suggest
Uber has promised to commit millions of pounds towards combating air pollution in London and the UK through a new “Clean Air Fund”, which will subsidise driver purchases of eco-friendly cars. The San Francisco taxi-hailing company announced its “Clean Air Plan” on Friday (as rival Taxify halted its operations after running into regulatory issues) alongside a number of measures that should help to make the city’s air less toxic. Uber said it is committing £2 million to the Clean Air Fund, which will launch next month. The fund will be used to hand drivers up to £5,000 towards the cost of upgrading their normal car to a fully electric vehicle, such as a Toyota Prius. And the firm promised to add 35p more to the fund every time someone takes a ride through its app in London. That means, for example, £350 will be added to the fund after 3,000 rides. But there’s a catch. All Uber rides in London are going to become 35p … [Read more...] about Uber is making rides more expensive so it can give UK drivers up to £5,000 if they buy greener cars