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Autonomous Cars Will End the $75 Billion Rental Car Industry As We Know It

October 17, 2016

Via: Inc.com
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Autonomous cars and ride-hailing. These two mega-trends are on a collision course and it has the rental-car industry shaking in its boots.

Rightfully so. The entire car rental industry could soon be upended as autonomous vehicles change the entire calculus of car ownership over the next ten years. Why would a consumer rent a car if the cost of ordering a self-driving car via Uber is 1/10 of today’s price?

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