Uber and Lyft have touted their ride-hailing companies as ‘car-cutters’ by reducing the number of vehicle ownership in US metro areas, but a new study finds the claims are far from the truth.
A team from Carnegie Mellon University uncovered, on average, a 0.7 percent increase in personal vehicles after the two firms unleashed drivers into a new market starting in 2010 through 2017.
Larger increases of vehicle registrations were observed in cities that were car-dependent, had slower rates of population growth, included households with more children or were deemed lower income.
Although the uptick is small, researchers told Wired that the new study is an improvement on previous work that analyzed just the state-level and found Uber and…