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What Happened After Uber Cut Fares in 48 Cities in 2015?

What Happened After Uber Cut Fares in 48 Cities in 2015?

So hopefully many drivers already know about the fare cut in 80 cities two days ago and many are asking if these fare cuts are permanent. That is a hard question to answer. You can read up on last years fare cut in 48 cities here:

Below, you can see the my other posts on Uber fare cuts here.

It is both yes and and no. Uber did eventually raised up the fares in most cities, but they did not restore the pricing in many of those cities.

I have been tracking rates every week, and here is a summary of price increases of the original 48 cities that had a fare cut:

The next chart is a bit harder to explain. I did a histogram of the fare cuts in the 48 cities in January, and what the net fare cut was in July when they raised the rates in about 30 cities. You can see that there were less cities with the huge fare cuts (40%+) but there were more of them less than 30%. You can see that almost all cities still had a fare cut.

Below is the average fare increase AFTER the fare cut in 2015:

Summary

So what do all these numbers mean?

Detailed Data

Here is also a month by month list of fare increases:

March:

April:

May:

June

July

October: Sacramento

The Full Comparison Data

[Update: Los Angeles, Memphis and Orange county was added to the list. They were not in the original list of 48 cities in early January, but they were cut in the weeks after and had a similar winter pricing strategy. Los Angeles and Orange County had removed base fares but the overall effect on the average fare was taken into account.
Also, Phoenix was added to the list. Price was cut after the Super Bowl.]

CitiesPrice Decrease in JanuaryPrice Decrease as of JulyIncrease After Fare Cut
Albuquerque27%27%0%
Atlanta11%6%5%
Austin28%28%0%
Baltimore16%16%0%
Baton Rouge25%25%0%
Charlotte37%28%9%
Cincinnati25%21%4%
Cleveland32%27%5%
Columbus15%11%4%
Connecticut21%21%0%
Corpus Christi45%35%10%
Dallas12%9%3%
Denver10%6%4%
Detroit28%28%0%
Fayetteville, NC23%23%0%
Fresno42%30%12%
Grand Rapids28%0%28%
Hampton Roads36%27%9%
Indianapolis20%16%4%
Inland Empire30%26%4%
Jacksonville26%26%0%
Kansas City35%16%19%
Lansing13%30%-17%
Lexington55%45%10%
Lincoln24%16%8%
Los Angeles16%8%8%
Louisville29%19%10%
Madison29%25%4%
Memphis25%21%4%
Miami20%20%0%
Milwaukee25%13%12%
Minneapolis16%16%0%
Modesto47%28%19%
Nashville27%13%14%
Oklahoma City33%19%14%
Orange County16%7%9%
Orlando19%19%0%
Palm Springs10%10%0%
Phoenix32%16%16%
Portland, ME15%0%15%
Providence32%25%7%
Raleigh-Durham31%0%31%
Richmond11%11%0%
Sacramento29%29%0%
Salt Lake City18%12%6%
San Antonio25%25%0%
San Diego21%8%13%
Santa Barbara42%31%11%
Spokane49%20%29%
Toledo33%26%7%
Tucson18%18%0%
Tulsa27%19%8%
Wilmington, NC24%24%0%
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