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Newsby StaffAugust 28, 2018

Toyota Invests $500M in Uber for Autonomous Ride-Hailing

Toyota Motor Corp. will invest $500 million Uber Technologies, Inc. to speed up efforts to bring an autonomous ride-hailing service to market. Each company will integrate its technology into purpose-built Toyota Sienna minivans that will be deployed on Uber's network.

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Newsby StaffAugust 27, 2018

Ride-Hailing Costs Twice as Much as Car Ownership, AAA Finds

The average cost to own and operate a vehicle is $7,321 for 10,841 miles per year not including parking charges, and $10,049 with parking charges.

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Newsby StaffAugust 21, 2018

Lyft Reaches Autonomous Ride-Hailing Milestone

Of the 55 self-driving vehicles Aptiv has in Las Vegas, 20 are being used by Lyft.

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Newsby StaffAugust 13, 2018

Cox Automotive Expands Mobility Services

Cox Automotive has established a new mobility services unit that combines existing businesses, such as its Flexdrive subscription service, with its acquisition of Clutch Technologies' subscription software platform to deliver fleet management solutions for mobility fleets, the company has announced.

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Newsby Michaela Kwoka-ColemanAugust 8, 2018

NYC Freezes Licenses for Ride-Hailing, For-Hire Cars

The bundle of legislation passed by the New York City Council also mandates that the city sets a minimum pay rate for drivers.

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Articlesby Michaela Kwoka-ColemanAugust 6, 2018

Survey Reveals Why Car Renters Choose Ride-Hailing

The AlixPartners survey found that 50% of respondents cited parking issues and associated costs; 35% cited the laborious process of renting a car as reasons for using ride hailing instead.

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Newsby StaffJuly 16, 2018

Uber Terminates 100 Self-Driving Car Operators

Uber has laid off its self-driving car operators in Pittsburgh, as the company rethinks its autonomous vehicle strategy following the fatal crash in Tempe, Ariz. earlier this year, reports Quartz.

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Newsby StaffJuly 5, 2018

Volkswagen to Launch Carsharing Service by 2020

These services are to be extended to major cities in Europe, North America, and Asia as early as 2020.

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Articlesby Mike AntichJune 26, 2018

Lyft Business Partners with Key Industries

The mission of Lyft Business is to help organizations of all sizes design transportation solutions for their employees and customers. Lyft Business works closely with partners to identify solutions that address specific challenges in their industries.

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Newsby Michaela Kwoka-ColemanJune 20, 2018

Uber Incentivizes Drivers to Switch to Electric Vehicles

The San Francisco-based ride-hailing group launched the EV Champions Initiative yesterday in Austin, Los Angeles, Montreal, Seattle, San Francisco, San Diego, and Sacramento, Calif.

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