Opinion: AVs and ride-sharing will shrink car ownership, but mainly in cities

As Uber and Lyft team with automakers to invest in AV technology and expand their ride-sharing options, these services may contribute to a decline in personal car ownership that will make such partnerships even more essential to automakers.

The big picture: An initial drop in private car purchases will likely be limited to dense cities, and it’s still too early to know how it will be affected by other trends in urban planning and public transit.