10 Things to Know About Taxis & Limos

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California lawmakers proposed new safety requirements after two recent incidents in which limousines caught fire. One bill would require two doors and two emergency window exits in the rear of all limos made after Jan. 1, 2015, and another would require limos to carry fire extinguishers.
Five people died in three separate stretch limo accidents in 2010, and 21 people died in another three accidents in 2011, U.S. DOT said.
The average profit margin for limousine companies was 16.7 percent in 2012, up from 10 percent a year prior, according to the LCT Magazine (Limousine, Chartered & Tour) Fact Book for 2013-2014.
The chauffeured transportation industry generated $2.6 billion in revenue in 2012, according to LCT Magazine.
There were 148,000 taxis in service as of 2012, according to the annual Automotive Fleet Fact Book published by Bobit Publishing.
There are about 500,000 taxi trips – taken by roughly 600,000 riders – every day in the Big Apple, according to the New York City Taxi & Limousine Commission.
The estimated number of chauffeured vehicles in service is roughly 109,300, including sedans, stretch limousines, SUVs, shuttles, vans and motor coaches, according to LCT Magazine.
The average chauffeured fleet size in 2013 was 17, according to LCT Magazine.
There were nearly 5.5 million fleet cars in operation as of 2012, according to Bobit Publishing. Roughly 834,700 were commercial, while government accounted for more than 1.2 million cars, and rental fleets numbered more than 1.7 million.
The median annual wage of taxi drivers and chauffeurs in 2010 was $22,440, according to the U.S. Bureau of Labor Statistics.