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Automakers Must Hate This Chart

Submitted by Eric Bush via Gavekal Capital blog, There are a lot of disruptions taking place in the auto industry. Uber, Lyft and many smaller regional competitors are driving taxi drivers crazy and have made it easier than ever to get around without owning a vehicle. Companies like Car2Go, Zipcar, (and BMW?) give consumers the freedom to drive while not having to worry about having car insurance or a car payment.
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