Uber is well known for being the most reliable ride in cities around the world. Push a button, and you know you're getting a ride. What a lot of folks don't know about Uber is how inexpensive it is to ride uberX. For the last two years, we have been laser-focused on introducing low-priced alternatives to cities worldwide. We've rolled out uberX in dozens of cities and, over time, we have cut those prices further to help more people experience the Uber magic. Today we're taking things to a whole new level. We’re cutting prices by 15-34% in Chicago, SF, Seattle, Los Angeles, Phoenix, and Orange County. And ten additional cities will also see cuts - Minneapolis, Atlanta, Sacramento, Tucson, Indianapolis, Denver, Dallas, Baltimore, Charlotte, Nashville.
Uber is partnering with auto manufacturers – GM and Toyota – and leading financial institutions to reduce operating costs for drivers and get cars on the road faster. The key to this new platform? Uber partner-drivers have a robust, reliable cash flow through the Uber platform – every fully utilized car on the Uber system grosses over $100,000/year. That kind of cash flow lowers the risk of financing drivers and means better access to cheaper credit than otherwise available on the open market.
Every time you request a ride through Uber, you're helping empower small business owners to achieve their own American Dream. Our partners—your drivers—are the engine behind Uber. This Saturday, November 30th, Uber and American Express want to thank you for supporting local entrepreneurs on Small Business Saturday®!
New model regulations for written by the taxi industry for the taxi industry are an excellent blueprint for cities looking to find themselves on the wrong side of history. Consumers’ interests are getting bulldozed by lobbyists, campaign contributions, and cronyism run amok.