Published On: Sun, Oct 4th, 2015

Auto industry’s new threat is…Uber?: Survey

Uber usage has grown from 4 percent in 2014 to 17 percent in 2015

UBER

Auto sales in the U.S. for September came in at their highest monthly level since 2005 according to Autodata, displaying strength in a major consumer category. Yet according to new survey, the rise in popularity of ride-sharing app Uber is already having a significant impact on customer attitudes towards the purchase of new cars.

The survey, conducted by research-based consulting firm Magid Advisors and shared exclusively with CNBC, found that among 2, 400 respondents, Uber usage has grown from 4 percent in 2014 to 17 percent in 2015.

Read the full story at CNBC, by Michael Newberg

 

 

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