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Ride Hailing

Mobility Services to Slow Sedan Sales 40% by 2030

Self-driving cars, ride sharing, and other mobility services should slash sales of sedans by nearly 40% by 2030, as Americans become less reliant on vehicle ownership, according to a forecast from KPMG.

Volkswagen to Invest $40B+ on EVs, Autonomy

Volkswagen AG will spend more than 34 billion euros ($40 billion) in the next five years to revamp its vehicle lineup to include a heavier push of battery-electric vehicles, autonomous driving features, and ride hailing systems, the company has announced.

Mobility Changes to Transportation to Accelerate in 2040

The emergence of ride hailing, autonomous vehicles, electrified vehicles, and other mobility trends should bring greater changes to transportation networks in the U.S., Europe, and China by 2040, according to a new report from IHS Markit.

Uber Founder Resigns as CEO

Uber Founder Travis Kalanick has stepped down as the ride-hailing service's CEO after pressure from investors.

Uber's Self-Driving Experiment Sours in Pittsburgh

Pittsburgh has begun to reevaluate its relationship with Uber and the self-driving cars the company has been testing in the city, claiming the ride hailing company has reneged on several promises made to city officials and Mayor Bill Peduto.

Ford Invests $1B Toward 2021 Autonomous Vehicle

Ford will invest $1 billion in Pittsburgh-based Argo AI, a startup focusing on artificial intelligence, to develop a software platform for a fully autonomous vehicle it plans to make available for ride hailing in 2021.