Uber and Lyft Vehicle Numbers Capped by New York City
August 10, 2018
Uber and Lyft Vehicle Numbers Capped by New York City
In August of 2018, New York became the first city in the United States to place a limit on the amount of ride-sharing vehicles allowed to operate by way of restricting new vehicle licenses. This is significant news for Uber's bottom line since the city is, unsurprisingly, the company's largest market in the country. Lyft, for its part, will be…