TIG has a good point, Taxi Cabs not to mention UBER and other similar services offer a good service. Still, folks want their personal transport. I also think a lot of it might be status driven also .... nay, I know a lot of it is status driven.
So, maybe the trick would be for some car manufacturing company to grab the nettle and produce an upgradable car that is VERY fashionable thus satisfying the status seekers.
Anyone interested in joining me in the formulation / design of such a vehicle .... I'm serious!
Mike