Ridesharing apps face shortages as demand for drivers surges
and last updated 2021-04-23 14:53:50-04
As more states and cities ease COVID-19 regulations in businesses and sporting events, people are coming across one major problem: getting there.
There is a massive shortage of rental cars, and major rideshare companies like Lyft and Uber are offering heavy incentives for drivers so they can overcome their own shortages.
According to the International Organization of Motor Vehicle Manufacturers, production last year dropped 19 percent in the U.S. Some in the industry called it the worst crisis to ever impact the automotive industry.
The drop in cars led to a drop in rental availability. Models in rental company lots were older and they were scarce, and if you absolutely had to rent, prices were inflated.
Ridesharing apps face shortages as demand for drivers surges
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Ridesharing apps face shortages as demand for drivers surges
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