Autoblog Minute: Uber competes with automakers for commuter attention, dollars

[00:00:00] With Uber’s IPO rumored to launch sometime within the next 24 months, it appears on-demand commuter services are here to stay. I’m Eddie Sabatini and this is your Autoblog Minute.

Uber has been in the news a lot lately: from the Paris riots; to controversy surrounding its background check practices; and the California Labor Commission’s ruling that its drivers are employees, and not contractors. Despite roadblocks Uber has enjoyed

[00:00:30] great success. Reuters reports that the tech company’s projected revenue from app
generated bookings could reach $26B by 2016.

For more we go to Autoblog Green’s Sebastian Blanco:

[00:01:00] [Sebastian Blanco Interview]

As ride-hailing services expand we will continue to follow automaker and commuter response. For Autoblog, I’m Eddie Sabatini.

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