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Car ownership was viewed as more reliable by 81% of those surveyed, safer by 80% of respondents and more convenient by 74% polled. (AP Photo/Mark Lennihan)

(Bloomberg) — Despite fears to the contrary, the emergence of the sharing economy may not lead to the death of Detroit, after all, according to a new study from automotive researcher Kelley Blue Book (KBB).

Car-sharing services such as Avis Budget Group Inc.’s Zipcar and ride-hailing services like Uber Technologies Inc. will remain substitutes for rental-car companies and taxis with little impact on vehicle ownership, according to the study conducted by Vital Findings for KBB. More than three-quarters of people who use ride-sharing services said they intend to purchase or lease their own vehicle within the next two years, according to the survey of 1,900 U.S. residents.

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