On the heels of large Uber protests across Europe, The Atlantic reports the mayors of Atlanta and New Orleans believe Uber will eventually beat out the taxi companies. There’s one more thing the two mayors agree on: it will be a long and bitter battle between the two.
Calling it a 15-round fight, Atlanta Mayor Kasim Reed said he thinks Uber will eventually force taxi companies to alter their business model. Reed told The Atlantic, “In the interim, they’re going to flat out fight it out … because the taxicab industry is so old and staid and never had real competition, and now it’s being forced to innovate.”
The only reservation Reed seemed to express about Uber is its rapid growth and the question of where the company, and its quality, will be a few years down the road.
New Orleans Mayor Mitch Landrieu echoed similar concerns about the company’s political skills, but called Uber’s business model superior to taxi companies. Continue reading
The U.S. Department of Transportation says that the amount of stimulus money requested for transportation projects in 2014 far exceeded what the department has to give.
Applications for the sixth round of the Transportation Investment Generating Economic Recovery (TIGER) grant program totaled $9.5 billion. That is 15 times more than the $600 million that has been allocated for grants.
The DOT received 797 applications — 36 percent more than officials received in 2013.
The TIGER program was launched in 2009, which is the same year Congress voted to bail out the auto industry. Funded granted by the program are generally used for road, rail, transit or port projects. As we explain in the Curbing Cars e-book, new streetcar systems have been a very visible benefactor of TIGER funding. Continue reading
By Micheline Maynard
Consumers and investors are fascinated by Tesla Motors. The Tesla Model S electric car has won rave reviews from publications such as Consumer Reports, while shareholders are making a killing on Tesla stock.
The Tesla Model S
So, why would any state want to block Tesla from doing business?
Yesterday, New Jersey officials affirmed the state’s law that allows only franchised auto dealers to sell vehicles. That essentially blocks Tesla, which sells its vehicles directly to consumers. The carmaker is expected to close its operations in New Jersey by April 1.
New Jersey joins Texas and Arizona in specifically blocking companies that sell directly, and since there’s only one out that, that means Tesla isn’t welcome in those three places. Other states have rebuffed Tesla’s efforts to open showrooms and service cars.
The reason is that car dealers are one of the strongest lobbies in the country, and they’re determined to protect their turf. Continue reading