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- The number of for-hire vehicles licensed by TLC increased 54% between 1992
and 2000, then declined by 13% between 2000 and 2004, squeezed by the recession
and rising insurance costs.
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Car service vehicles contracted most rapidly between 2000 and 2004 (17%),
while the number
of black cars fell by 10% and the number of limousines (or vehicles classified as
limousines) increased by 17%.
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Between 1992 and 2000, the number of car service vehicles increased most
rapidly in Manhattan (85%) and Brooklyn (79%), while increasing by 50% in Queens,
20% in the Bronx and 11% on Staten Island.
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Since 2000, the number of car service vehicles declined by just over 20% in
Manhattan, Queens and Staten Island and by 12-14% in the Bronx and Brooklyn.
For definitions of each segment, see definitions of
taxicabs,
liveries, car services, black cars and limousines.
Copyright 2002 by Schaller Consulting
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