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Posts Tagged ‘Lyft’

Uber’s Autonomous Cars Running into Trouble in San Francisco

Ride-sharing service acknowledges running lights, failing to yield to pedestrians.

by on Dec.20, 2016

The San Francisco test uses modified Volvo XC90s - one shown here on the Golden Gate Bridge.

Uber’s experiment with autonomous cars appears to be off to a star-crossed start in San Francisco, the ride-sharing service acknowledging the modified Volvo CX90s have been experiencing a “problem” or two.

That includes everything from running stop lights, failing to yield to pedestrians and crossing heavily used bike lanes. That’s on top of the legal challenge Uber is facing from the Department of Motor Vehicles for failing to acquire the permit required by California law.

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A spokesman for Uber told Britain’s “The Guardian” that the company is racing to resolve an issue that put the city’s bicyclists and pedestrians at risk – no small issue considering there are 200 miles of bike lanes used for 82,000 daily trips in the City by the Bay.


Lyft Also Aiming to Go Driverless

Ride-sharing CEO forecasts the “Third Transportation Revolution.”

by on Sep.19, 2016

John Zimmer (r), with Lyft co-founder Logan Green (l) and GM CEO Dan Ammann, who recently took a seat on the service's board.

There’s a revolution coming, and it’s likely to bring major changes to the world of transportation over the next decade, says John Zimmer, president and co-founder of the country’s second-largest ride-sharing service, Lyft.

Like its bigger rival, Uber, San Francisco-based Lyft hopes to move the driver out of the front seat within the next five years, driving down costs and making it cheaper and easier for people to use a ride-sharing service than owning their own car.

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“The good news is we don’t have to keep building our country around car ownership,” Zimmer wrote in a blog post over the weekend. Much the way you can stream music and videos, “you no longer need to own a product to enjoy its benefits,” suggested the 32-year-old entrepreneur. “Eventually we’ll look at owning a car in much the same way.”


Google Heats Up Car-Sharing Battle

High-tech firm could challenge Uber as it ramps up carpooling project.

by on Aug.31, 2016

Commuters in the San Francisco Bay Area will now be able to use Waze to carpool.

Everyone, it seems, wants to get into the car-sharing business, even as Uber, the emerging industry’s leader, reportedly lost more than $1 billion for the first half of the year.

Google is the latest player to toss its car keys into the ring. The high-tech firm began a limited test in May of a carpooling project in its home base in the San Francisco Bay Area. It is expanding that venture, which relies on Google’s Waze smartphone app.

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While not a direct competitor to Uber or its smaller rival Lyft, the carpooling project could create a future outlet for Google as it pushes forward with its aggressive autonomous vehicle development program, some observers suggest.


Bigger Isn’t Better When it Comes to Uber Profits

Report estimates leading ride-share service lost $1.3 billion.

by on Aug.26, 2016

A subscriber orders a car through the Uber app.

It may be the nation’s leading ride-sharing service, but that hasn’t helped Uber deliver a profit.

The Silicon Valley start-up lost a hefty $1.3 billion during the first half of the year, according to a report by the Bloomberg news service which cited sources with access to a conference call the company had with its investors.

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According to the report, Uber finance chief revealed that the ride-sharing service went $520 million into the red during the first quarter of the year, with another $750 million loss racked up during the April-June quarter.


Uber Reportedly Buying 100,000 Mercedes S-Class Sedans

Move could help ride-sharing service challenge black limo services.

by on Mar.18, 2016

It's not clear how Uber would distribute the S-Class sedans to its network of contract drivers.

Ride-sharing service Uber has reportedly placed an order for at least 100,000 Mercedes-Benz S-Class sedans.

Neither Uber nor Mercedes’ parent Daimler AG responded to a request for comment, and it’s not quite clear how soon the vehicles will be delivered, but according to Germany’s Manager Magazin, it is a “long-term” order.

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Also unclear is how the luxury sedans would be used by the world’s largest ride-sharing service. Until now, Uber drivers have been required to provide their own vehicles.


Car, Ride-Sharing Services Won’t Crimp New Car Sales

Americans still see vehicle ownership as safer, more reliable.

by on Mar.11, 2016

Ride-sharing services require a customer to call for service using a smartphon app.

Despite offering motorists an alternative to traditional vehicle ownership, a new study contends that ride- and car-sharing services such as Uber, Lyft and Turo won’t hurt new car sales.

That has become a critical worry for automakers around the world, with some analysts predicting a sharp increase in the number of people who will rely on those services to get around on a day-to-day basis. Nearly 6 million people worldwide already use car- and ride-sharing, a figure predicted to more than quintuple over the next five years.

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But despite that growth, these services will have “limited impact on current or future vehicle ownership,” according to a new study by Kelley Blue Box.


GM Launches New Car-Sharing Service Maven

Move follows big investments in ride-sharing firms Lyft, Sidecar.

by on Jan.21, 2016

A motorist uses a smartphone to line-up a short-term rental from the new Maven service.

General Motors apparently hopes to become an industry maven when it comes to alternative mobility programs. After investing in two ride-sharing services, Lyft and Sidecar, this month, the Detroit automaker says it will start a new car-sharing company called Maven – a Yiddish word for “expert.”

GM is just one of a growing number of automakers who are looking for alternative ways to appeal to potential customers at a time when younger consumers seem less interested in owning a vehicle. Both Daimler AG’s Mercedes-Benz brand and Ford Motor Co. are making similar forays, Ford CEO Mark Fields saying his goal is to transform the smaller Detroit maker into a “mobility” company.

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“With the launch of our car-sharing service through Maven, the strategic alliance with ride-sharing company Lyft, and building on our decades of leadership in vehicle connectivity through OnStar, we are uniquely positioned to provide the personalized mobility services our customers expect today and in the future,” GM President Dan Ammann said.


Google May Be Readying Challenge to Uber and Lyft

Google car autonomous test fleet could be prototype of nationwide ride-share service.

by on Feb.05, 2015

Uber's enjoying a successful run in the ride-sharing market, but a new foe may be on the horizon: Google.

Millions of Americans have begun turning to ride-sharing programs such as Uber and Lyft, not only as an alternative to traditional taxis but for some customers as a substitute for even owning a car.

Ride-share leader Uber has attracted not only a lot of new customers but, with an estimated valuation of $40 billion, it has drawn in plenty of big investors, including Google which has poured in more than $258 million in cash. But those erstwhile allies could soon by going head-to-head.

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“Google is preparing to offer its own ride-hailing service, most likely in conjunction with its long-in-development driverless car project,” reports Bloomberg. (more…)