Ride-hailing apps will alter car ownership pattern with new services

Ride-hailing apps will alter car ownership pattern with new services

Monitors display Uber Technologies Inc. signage in front of Morgan Stanley headquarters in New York, U.S., on Friday, April 26, 2019. Photographer: Michael Nagle/Bloomberg

Ride-hailing apps like those of Uber Technologies and Lyft Inc are expected to alter the state of car ownership towards subscription-based services and shared ownership, auto industry experts said at a conference on Wednesday.

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