The following statement was submitted today by New York State Federation of Taxi Drivers founder Fernando Mateo. The comments are in response to a recent New York Daily News report entitled "City Sets Aside Sale of Taxi Medallions as Their Value Plummets".
"Yellow Cabs were once the symbol of NYC, you could see them in TV
shows, movies like Taxi Driver with Robert Dinero today you only read
about their extinction and the extinction of their drivers. Technology
has slowly taken over the taxi industry in NYC and as more and more
luxury cars are available to the riding public the less people will not
ride yellow cabs. The only salvation for the yellow taxi industry will
be lowering the prices of a ride and bringing back the old school cars
that people loved so much similar to those vintage black taxis of
London. Yellow cab drivers must compete in order to survive and thrive
during these tough time. Lets wish for the best, yellow cabs should
remain a symbol in this city we can't allow for them to disappear".
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