Quote:
Originally Posted by Brewmaster
I dont know why they didnt try raising prices. I used to drive C2G daily on my morning commute, and it would cost $5 to drive in and park right in front of my office. This was in the brand new Mercedes sedans or crossovers. The car would typically sit in the same spot all day until someone would take it back out of downtown around 3 or 4pm. There's no way they were making money on that.
There was also a bunch of issues in the winter with cars would get stuck, frozen over, etc.
I always figured they were operating at a loss to gain users and be a first mover in the ride share business. Maybe just ahead of their time for the eventual onset of automated and shareable vehicles.
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They just recently did raise prices. They did it in kind of a sneaky workaround way - cars not being circulated as much or in less heavily trafficked areas became available at a 'reduced rate' (ie, the old rate while higher-traffic vehicles had a rate increase).
Even with the prices getting jacked up I don't own a car and it's so much more expensive to use Uber, this really ####s me over regardless of what "alternatives" are out there.