CAREY INTERNATIONAL INC
SC 13G, 1998-08-11
LOCAL & SUBURBAN TRANSIT & INTERURBAN HWY PASSENGER TRANS
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    --------




                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                                  SCHEDULE 13G


             INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934



                            Carey International Inc.
                            ------------------------
                                (Name of Issuer)


                                  Common Stock
                                  ------------
                         (Title of Class of Securities)



                                    141750109
                                    ---------
                                 (CUSIP Number)


               --------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule 
is filed:
     |x| Rule 13d-1(b) 
     |_| Rule 13d-1(c) 
     |_| Rule 13d-1(d)



                                Page 1 of 6 Pages

<PAGE>

                                  SCHEDULE 13G

CUSIP No. 141750109                                         Page 2 of  6  Pages
- --------------------------------------------------------------------------------
1)       NAME OF REPORTING PERSON
         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

         Gilder, Gagnon, Howe & Co.

- --------------------------------------------------------------------------------
2)       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP     (a)     [ ]

                                                              (b)     [ ]

- --------------------------------------------------------------------------------
3)       SEC USE ONLY


- --------------------------------------------------------------------------------
4)       CITIZENSHIP OR PLACE OF ORGANIZATION

         New York

- --------------------------------------------------------------------------------
                               5)     SOLE VOTING POWER
                                      None
         NUMBER                -------------------------------------------------
         OF                    6)     SHARED VOTING POWER
         SHARES                       5,025
         BENEFICIALLY          -------------------------------------------------
         OWNED BY              7)     SOLE DISPOSITIVE POWER
         EACH                         None
         REPORTING             -------------------------------------------------
         PERSON                8)     SHARED DISPOSITIVE POWER
         WITH                         1,490,695

- --------------------------------------------------------------------------------
9)       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
         PERSON
                               
         1,490,695
- --------------------------------------------------------------------------------
10)      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
         SHARES                                                    [ ]

- --------------------------------------------------------------------------------
11)      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
         16.0%

- --------------------------------------------------------------------------------
12)      TYPE OF REPORTING PERSON
         BD
- --------------------------------------------------------------------------------


<PAGE>

                                  Schedule 13G

ITEM 1(A). NAME OF ISSUER:

Carey International Inc.

ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

4530 Wisconsin Ave. N.W.
Washington, D.C.  20016

ITEM 2(A). NAME OF PERSON FILING:

Gilder, Gagnon, Howe & Co.

ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

1775 Broadway, 26th Floor
New York, NY  10019

ITEM 2(C). CITIZENSHIP:

New York

ITEM 2(D). TITLE OF CLASS OF SECURITIES:

Common Stock

ITEM 2(E). CUSIP NUMBER:

141750109

ITEM 3.  IF THIS  STATEMENT  IS FILED  PURSUANT  TO  SS.SS.240.13D-1(B),  OR
         240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:

         (a) |X| Broker or Dealer  Registered  Under  Section 15 of the Act (15
                 U.S.C. 78o)

         (b) |_| Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c)

         (c) |_| Insurance  Company as defined in section  3(a)(19) of the Act
                 (15 U.S.C. 78c)

         (d) |_| Investment   Company  registered  under  section  8  of  the
                 Investment Company Act of 1940 (15 U.S.C. 80a-8)

         (e) |_| Investment Adviser in accordance with ss.240.13d-1(b)(1)(ii)(E)


                                Page 3 of 6 Pages


<PAGE>

         (f) |_| Employee benefit plan or endowment fund in accordance with
                 ss.240.13d-1(b)(1)(ii)(F)

         (g) |_| Parent  Holding  Company or control  person in  accordance
                 with ss.240.13d-1(b)(ii)(G)

         (h) |_| Savings  Association  as defined in ss.3(b) of the Federal
                  Deposit Insurance Act (12 U.S.C. 1813)

         (i) |_| Church plan that is  excluded  from the  definition  of an
                 investment company under ss.3(c)(15) of the Investment Company
                 Act of 1940 (15 U.S.C. 80a-3)

         (j) |_|  Group, in accordance with ss.240.13d-1(b)(ii)(J)

ITEM 4.  OWNERSHIP.

         (a)  Amount beneficially owned:  1,490,695

         (b)  Percent of class:  16.0%

         (c) Number of shares as to which such person has:

               (i)  Sole power to vote or to direct the vote:  None

               (ii) Shared power to vote or to direct the vote:  5,025

               (iii) Sole power to dispose or to direct the disposition of: None

               (iv) Shared power to dispose or to direct the disposition of:  
                       1,490,695

The shares  reported  include  1,372,970  shares held in customer  accounts over
which  partners  and/or  employees of the  Reporting  Person have  discretionary
authority to dispose of or direct the disposition of the shares,  112,700 shares
held in  accounts  owned by the  partners  of the  Reporting  Person  and  their
families, and 5,025 shares held in the account of the profit-sharing plan of the
Reporting Person ("the Profit-Sharing  Plan"). 

ITEM 5.   OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

Not applicable


                                Page 4 of 6 Pages

<PAGE>

ITEM 6.   OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

         The owners of the accounts (including the Profit-Sharing Plan) in which
the shares  reported on this  Schedule are held have the right to receive or the
power to direct the receipt of dividends from, or the proceeds from the sale of,
such securities.  

ITEM 7.   IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
          THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.

Not applicable

ITEM 8.   IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

Not applicable

ITEM 9.   NOTICE OF DISSOLUTION OF GROUP.

Not applicable

ITEM 10.  CERTIFICATION.

         By  signing  below I  certify  that,  to the best of my  knowledge  and
belief, the securities referred to above were acquired in the ordinary course of
business  and were not acquired for the purpose of and do not have the effect of
changing or  influencing  the control of the issuer of such  securities and were
not acquired in connection  with or as a participant in any  transaction  having
such purposes or effect.


                                Page 5 of 6 Pages

<PAGE>

                                    SIGNATURE


         After  reasonable  inquiry and to the best  knowledge and belief of the
undersigned,  the  undersigned  certifies that the information set forth in this
Statement is true, complete and correct.


                                   August 11, 1998
                                   ------------------------------
                                   Date

                                   /s/Walter Weadock
                                   ------------------------------
                                   Signature

                                   Walter Weadock, General Partner
                                   ------------------------------
                                   Name/Title


                                Page 6 of 6 Pages


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