Hertz will
buy Avis:
There are too
many car rental companies. Enterprise/National is eating the cake of the other
companies with amazing pricing and outstanding customer service. A merger
allows Hertz and Avis to try to muscle back some market share that
Enterprise/National has been stealing from them.
Lyft will
grow faster than Uber in 2018 as Uber raises prices:
I am a big
supporter and user of Uber; however, under the hood of its business model, it
is hemorrhaging billions of dollars and will be forced to fine-tune its pricing
structure. My best guess is they will have to dramatically increase their
prices by 10 percent to 20 percent in 2018 to slow the losses. Lyft, on the
other hand, is taking a lot of market share from Uber. It was barely a blip on
the radar and now owns a third of the business.