In the US, the state of public transit outside of a handful of (very expensive) cities is significantly slower and less reliable than taking a car. I would pin the reason for this on the shift of people outside of urban areas into suburban ones, and the lobbying power of the automotive industry to convince the government and citizens alike that cars were the right choice.
If public transit is the fastest option in the area, people do choose to take it! That's the case for me too in the past couple of cities I've lived in. But most cities have a long way to go before they get there.
Aside from just talking about this from a convenience angle, a message that might help explain the issues with car dependency is how much more it costs! People that are more hesitant about public services might be easier to convince with a cost-based argument. This is a great video explaining the actual cost of car ownership.
I don't think it's from a specific bank, but it is probably related. From being inside the tech world, the general sense is that the "macroeconomic environment" is different, because of the interest rates, so companies are getting pressure from all of their investors and banks to behave differently. At a lot of places, this has led to layoffs, trying to reduce costs, etc. It also manifests as trying to squeeze out more profit at all costs.
I like the "enshitification" term for the actual process that Reddit and others are going through.