AutoMarketplace

AutoMarketplace Trade content platform & marketplace(πŸš€ soon) for NYC's for-hire transportation (TLC) industry

πŸ–€πŸ©·πŸš• 2024 "Lockout" UR Set To Finish Above 53%, Yellow Cabs Break 15% Market Share, Uber / Lyft Golden Ticket Era BeginsI...
12/19/2024

πŸ–€πŸ©·πŸš• 2024 "Lockout" UR Set To Finish Above 53%, Yellow Cabs Break 15% Market Share, Uber / Lyft Golden Ticket Era Begins

Increasing probability that lockout-influenced utilization will finish above 53% floor. Taxis breaks 15% market share & why we think having access to Uber / Lyft NYC will be seen as a "golden ticket"

Increasing probability that lockout-influenced utilization will finish above 53% floor. Taxis breaks 15% market share & why we think having access to Uber / Lyft NYC will be seen as a "golden ticket"

β˜‚οΈπŸš• American Transit Files Over $450 Million Insurance Fraud Case Against Over 180 DefendantsCase is one of the largest ...
12/17/2024

β˜‚οΈπŸš• American Transit Files Over $450 Million Insurance Fraud Case Against Over 180 Defendants

Case is one of the largest insurance fraud RICO actions ever filed in New York State. The case is American Transit Insurance Company v. All City Family Healthcare Center Inc., et. al.

Case is one of the largest insurance fraud RICO actions ever filed in New York State. The case is American Transit Insurance Company v. All City Family Healthcare Center Inc., et. al.

β¬›πŸ“° Black Car News: Maya President Talks TLC Insurance, Congestion Pricing, App LockoutsVideo summary of this month's Bla...
12/16/2024

β¬›πŸ“° Black Car News: Maya President Talks TLC Insurance, Congestion Pricing, App Lockouts

Video summary of this month's Black Car News (December 2024). BCN continues a four decade tradition of delivering thoughtful insights into New York City’s for-hire transportation (TLC) industry

Video summary of this month's Black Car News (December 2024). BCN continues a four decade tradition of delivering thoughtful insights into New York City’s for-hire transportation (TLC) industry

β˜‚οΈπŸš• Will Insurance Industry Be Forced To Bail Out American Transit?In a Bloomberg exclusive, New York State regulator an...
12/13/2024

β˜‚οΈπŸš• Will Insurance Industry Be Forced To Bail Out American Transit?

In a Bloomberg exclusive, New York State regulator and governor are reportedly considering a one-time assessment on other insurers to help cover American Transit’s deficit.

In a Bloomberg exclusive, New York State regulator and governor are reportedly considering a one-time assessment on other insurers to help cover American Transit’s deficit.

NYC Robotaxis, TLC Insurance, Taxi Medallion Comeback & MarblegateNYC Taxi News' Abe Mittleman, Carolyn Protz & AutoMark...
12/12/2024

NYC Robotaxis, TLC Insurance, Taxi Medallion Comeback & Marblegate

NYC Taxi News' Abe Mittleman, Carolyn Protz & AutoMarketplace's Dawood Mian discuss all things NYC for-hire transportation (TLC), including current events in the industry

NYC Taxi News founder Abe Mittleman, taxi industry expert Carolyn Protz and AutoMarketplace’s Dawood Mian discuss all things NYC for-hire transportation (TLC...

πŸ—£οΈβ˜‚οΈβ™Ώ NYC TLC Hearing Recap: Debate Heats Up Over New Insurance RulesDuring today's TLC public hearing, competing perspe...
12/11/2024

πŸ—£οΈβ˜‚οΈβ™Ώ NYC TLC Hearing Recap: Debate Heats Up Over New Insurance Rules

During today's TLC public hearing, competing perspectives emerged as stakeholders presented contrasting views on proposed insurance rules aimed at addressing industry-wide concerns

During today's TLC public hearing, competing perspectives emerged as stakeholders presented contrasting views on proposed insurance rules aimed at addressing industry-wide concerns

πŸ”” REMINDER: NYC TLC Insurance & WAV Hearing + IDG Driver Caravan TomorrowTomorrow, Wednesday, December 11th, is set to b...
12/10/2024

πŸ”” REMINDER: NYC TLC Insurance & WAV Hearing + IDG Driver Caravan Tomorrow

Tomorrow, Wednesday, December 11th, is set to be an active industry news day with both NYC TLC hearing on new insurance & WAV rule proposals and IDG Driver Caravan

Tomorrow, Wednesday, December 11th, is set to be an active industry news day with both NYC TLC hearing on new insurance & WAV rule proposals and IDG Driver Caravan

πŸ“£ IDG Wants NYC TLC Driver License Cap, "Fair" Insurance Rates & Ban On RobotaxisIndependent Drivers Guild (IDG) plans "...
12/08/2024

πŸ“£ IDG Wants NYC TLC Driver License Cap, "Fair" Insurance Rates & Ban On Robotaxis

Independent Drivers Guild (IDG) plans "driver caravan" on Wednesday, December 11th from Brooklyn to Falchi Building in LIC, where Uber & TLC have offices. List of demands is comprehensive

Independent Drivers Guild (IDG) plans "driver caravan" on Wednesday, December 11th from Brooklyn to Falchi Building in LIC, where Uber & TLC have offices. List of demands is comprehensive

πŸ‘¨β€πŸ’»β˜‚οΈ New NYC TLC Insurance Rules?TLC public hearing next Wednesday, December 11th, will discuss new rules related to in...
12/06/2024

πŸ‘¨β€πŸ’»β˜‚οΈ New NYC TLC Insurance Rules?

TLC public hearing next Wednesday, December 11th, will discuss new rules related to insurance requirements. Admitted vs. Non-Admitted insurance debate is technical, important story to understand

TLC public hearing next Wednesday, December 11th, will discuss new rules related to insurance requirements. Admitted vs. Non-Admitted insurance debate is technical, important story to understand

πŸ’°πŸš• NYC Rideshare vs. Yellow Cab Pay: Uber/Lyft Drivers Earn ~$70,000 Annually, But Taxi Drivers Lead In Hourly Pay & Tip...
12/03/2024

πŸ’°πŸš• NYC Rideshare vs. Yellow Cab Pay: Uber/Lyft Drivers Earn ~$70,000 Annually, But Taxi Drivers Lead In Hourly Pay & Tips

New NYC TLC Factbook tab provides detailed information on annual, monthly, hourly, full-time, and part-time pay for TLC drivers across high-volume (Uber/Lyft) and yellow cab sectors

New NYC TLC Factbook tab provides detailed information on annual, monthly, hourly, full-time, and part-time pay for TLC drivers across high-volume (Uber/Lyft) and yellow cab sectors

πŸ™„β˜‚οΈ American Transit Hiked Rates Prematurely, Needs To Refund DriversNYC for-hire transportation (TLC) insurance giant A...
11/26/2024

πŸ™„β˜‚οΈ American Transit Hiked Rates Prematurely, Needs To Refund Drivers

NYC for-hire transportation (TLC) insurance giant American Transit (ATIC) raised rates prematurely and now owes drivers money. Technically insolvent insurer continues to face issues.

NYC for-hire transportation (TLC) insurance giant American Transit (ATIC) raised rates prematurely and now owes drivers money. Technically insolvent insurer continues to face issues.

βš‘πŸ‘©β€βš–οΈ NYTWA's EV TLC Plate Lawsuit Extends Into 2025: Why It MattersNYTWA case against the TLC related to the release of...
11/22/2024

βš‘πŸ‘©β€βš–οΈ NYTWA's EV TLC Plate Lawsuit Extends Into 2025: Why It Matters

NYTWA case against the TLC related to the release of ~10,000 EV-only FHV Licenses (TLC Plates) in late 2023 continues to drag on. Next court hearing set to take place on January 9th 2025.

NYTWA case against the TLC related to the release of ~10,000 EV-only FHV Licenses (TLC Plates) in late 2023 continues to drag on. Next court hearing set to take place on January 9th 2025.

πŸš•πŸ“Ή β€œCommissioner Cab” Series Debuts (NYC TLC)NYC TLC video series documents Chair & Commissioner David Do's experience a...
11/21/2024

πŸš•πŸ“Ή β€œCommissioner Cab” Series Debuts (NYC TLC)

NYC TLC video series documents Chair & Commissioner David Do's experience as a licensed driver and seeks to raise awareness about the regulator and the for-hire transportation industry.

NYC TLC video series documents Chair & Commissioner David Do's experience as a licensed driver and seeks to raise awareness about the regulator and the for-hire transportation industry.

πŸ–€πŸ©·πŸš• Lyft's Harsh Lockouts Help It Achieve 55.9% UR, Yellow Cab Trips Set Post-Pandemic RecordLatest NYC TLC Factbook sho...
11/20/2024

πŸ–€πŸ©·πŸš• Lyft's Harsh Lockouts Help It Achieve 55.9% UR, Yellow Cab Trips Set Post-Pandemic Record

Latest NYC TLC Factbook shows September UR stats and October trip data. Aggressive lockouts likely caused Lyft standalone UR to surge. October yellow cab trips set post-pandemic record

Latest NYC TLC Factbook shows September UR stats and October trip data. Aggressive lockouts likely caused Lyft standalone UR to surge. October yellow cab trips set post-pandemic record

πŸš–πŸ—½ Congestion Pricing: What New MTA Tolls Could Mean For NYC Taxis, FHVs, Uber & Lyft?After delay, central Manhattan tol...
11/19/2024

πŸš–πŸ—½ Congestion Pricing: What New MTA Tolls Could Mean For NYC Taxis, FHVs, Uber & Lyft?

After delay, central Manhattan tolling program set to debut on January 5th. What are the new surcharges for NYC taxis and for-hire vehicles, how will tolls be collected & how could it impact business?

After delay, central Manhattan tolling program set to debut on January 5th. What are the new surcharges for NYC taxis and for-hire vehicles, how will tolls be collected & how could it impact business?

β¬›πŸ“° Black Car News: Taxi Medallion Owners Rattled By Resurrected WAV MandateVideo summary of this month's Black Car News ...
11/18/2024

β¬›πŸ“° Black Car News: Taxi Medallion Owners Rattled By Resurrected WAV Mandate

Video summary of this month's Black Car News (November 2024). BCN continues a nearly four-decade tradition of delivering thoughtful insights into New York City’s for-hire transportation (TLC) industry

Led by longtime editor, publisher & owner Neil Weiss, Black Car News (BCN) continues to be one of the most important voices in the NYC for-hire transportatio...

πŸ“ŠπŸš• Marblegate Needs More Time: Will Wall Street Buy NYC Taxi Medallion Comeback Story?Marblegate, the largest investor i...
11/14/2024

πŸ“ŠπŸš• Marblegate Needs More Time: Will Wall Street Buy NYC Taxi Medallion Comeback Story?

Marblegate, the largest investor in New York's yellow cab industry, needs more time to list its taxi medallion assets, including medallion-backed loans. How do you value a NYC taxi medallion in 2024?

Marblegate, the largest investor in New York's yellow cab industry, needs more time to list its taxi medallion assets, including medallion-backed loans. How do you value a NYC taxi medallion in 2024?

β¬›πŸ‘€ Uber NYC Has 15,000 Drivers On Its WaitlistUber reveals NYC TLC driver waitlist now exceeds 15,000 people. AutoMarket...
11/12/2024

β¬›πŸ‘€ Uber NYC Has 15,000 Drivers On Its Waitlist

Uber reveals NYC TLC driver waitlist now exceeds 15,000 people. AutoMarketplace shares official Uber blog post titled "Increased Regulation is Threatening Good Jobs in NYC"

Uber reveals NYC TLC driver waitlist now exceeds 15,000 people. AutoMarketplace shares official Uber blog post titled "Increased Regulation is Threatening Good Jobs in NYC"

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