taxi drivers will be one of the groups most benefited by the new restrictions on the traffic that is driving the city Council of Madrid. Well at least what justifies a recent report by consultancy EY, which he has had access to THE WORLD, in which it is estimated that a taxi driver means will raise its annual turnover at 2.210 euros upon entering into force of the prohibition to circulate in the centre of the capital and the rest of the measures included in the new Law of Municipal Ordinance.

According to the calculations made by this group, the changes designed by the mayor Manuel Carmena will affect a total of 674.714 cars in Madrid that commonly circulate so that will be the new Priority Area Residential (APR). This will force many drivers to leave their vehicle at home and use alternatives such as public transport, vehicles VTC operating under platforms like Uber and Cabify or taxis.

This last collective will take advantage of the increased use of the service to compensate for the deterioration that will have on your billing, the increase in the number of authorizations VTC by judicial decisions favorable. EY expected to be granted 2.720 new licenses in the next few years, with a decrease of € 1,260 in annual revenue. By adding both factors, the consultation anticipates that revenue will rise at 910 euros per year, representing an increase of 1.85% over the 51.331 euros gross, which enters a taxi driver a half in Madrid, according to the study carried out by the company on a total of 150 profiles. The calculation does not include the rise of 5.1% in the rates announced yesterday by the city Council.

The report also believes that the changes in mobility will drive the value of the licenses in 4.024 euros to the rise of the collection and exceeds 145,000 euros. “Despite the increase in the number of licenses VTC in Madrid in a 240% from 2016, raising annual average taxi features a decreased to 3.50% in 2017, and remains nearly constant in 2018”, concludes the text commissioned by one of the largest companies of authorizations VTC operating in Spain.

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