Business

Trying to put the brakes on car ownership

To limit pollution and traffic congestion in Beijing, officials in 2011 imposed a citywide restriction on the number of automobiles residents can purchase annually. That policy has helped limit car sales and emissions. But ...

Business

Uber and Lyft increase average vehicle ownership in urban areas

The landscape of individual transportation has changed drastically since the rise of rideshare apps like Uber and Lyft. Where before, getting from A to B required you to either take public transportation, locate a taxi, or ...

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