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Posts Tagged ‘ride sharing’

Daimler Invests Millions in Financing App

Automakers looking for more ways to make buying experience quicker, easier.

by on Feb.14, 2017

Daimler AG is investing millions into AutoGravity, an auto financing and leasing app for smartphones.

Daimler AG announced it plans invest several million euros into California-based AutoGravity, a smartphone-based vehicle leasing and financing app.

The investment by Daimler is described as part of company’s effort push to build a digital platform for financial services that will appeal to younger consumers who bank and pay bills, using smart phones.

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AutoGravity is not quite two years old, but its already been deployed in more than 40 states with a phone app that allow buyers to find tailored buying and leasing offers.  (more…)

Daimler Drives Deeper into Car-, Ride-Sharing

German maker’s Mercedes brand ties up with Uber, Car2Go.

by on Jan.31, 2017

A subscriber orders a car through the Uber app.

Use the ride-sharing app on your smartphone and you’re likely to have a driver pull up in some basic econobox. Sign up for one of the car-sharing services and you’ll usually find a similarly no-frills model waiting as you rent by the hour.

But Mercedes-Benz wants to take things a bit upscale as it announces new deals with Uber, the largest American ride-sharing service, and short-term rental company Car2Go.

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Automakers from around the world have been rushing to find new ways to expand into new mobility services ventures. General Motors, for one, went so far as to invest $500 million into Uber’s prime competitor, Lyft, last year. But the new Mercedes-Benz deals could give reason for upscale motorists to try out ride and car-sharing alternatives.

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Honda NeuV Concept Could Earn You Money on the Side

Onboard digital assistant can read, respond to driver’s mood.

by on Jan.06, 2017

The Honda NeuV, with its unusual, scissor-like doors open, making its debut at CES.

Millions of people are already using ride-sharing services like Uber and Lyft, and the numbers are expected to grow exponentially over the coming decade.

Drivers currently use their own vehicles, though General Motors and several other companies are pushing to get specific models, like the new Chevrolet Bolt EV into these ride-sharing fleets. Now, Honda is going a step further. At the Consumer Electronics Show in Las Vegas, it’s showing off a pint-sized battery-electric vehicle designed primarily to serve as a ride-sharing vehicle.

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Dubbed NeuV – pronounced noo-VEE, and short for New Urban Electric Vehicle – this autonomous two-seater is targeted for those living in dense urban environments who typically don’t drive great distances and likely leave their vehicles parked much of the day.

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Uber Pulls Autonomous Cars Out of San Francisco

California revokes registration of 16 Uber self-driving vehicles.

by on Dec.22, 2016

Uber has pulled its autonomous Volvos out of San Francisco after their registrations were revoked.

Uber has pulled a test fleet of autonomous Volvo XC90s off the streets of San Francisco after being told the California Department of Motor Vehicles had revoked their registrations.

The confrontation followed the car-sharing service’s decision to launch the pilot program without getting the necessary state permit – a move the DMV said 20 other companies have taken. Uber also came under fire after it became widely reported that some of its cars were failing to obey traffic laws, putting other motorists, pedestrians and bicyclists at risk.

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“We’re now looking at where we can redeploy these cars but remain 100 percent committed to California and will be redoubling our efforts to develop workable statewide rules,” Uber said in a statement.

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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.

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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.”

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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.

We'll Do the Driving!

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.

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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.

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GM Reportedly Wants to Buy Lyft

Ride service tells automaker to take a hike.

by on Aug.15, 2016

GM CEO Dan Ammann (c), recently took a seat on the Lyft board of directors.

Ride-sharing service Lyft has rejected a takeover bid from General Motors, according to Silicon Valley news site The Information.

The move would have turned the country’s biggest automaker into an even bigger player in the fast-growing field of alternative mobility. GM already holds a 9% stake in Lyft and also owns San Francisco based competitor Sidecar. It has also dipped its toes into the world of car-sharing, as well.

Come Along for the Ride!

Neither GM nor Lyft will comment on the report by The Information and a second Silicon Valley news service. But sources reportedly include a “person briefed on the situation,” and comes a year after Lyft went looking for a possible buyer.

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Mini Fast-Forwards to the Future with Vision Next 100 Concept

“A completely individualised, permanently available form of urban mobility.”

by on Jun.16, 2016

Mini's vision of the future suggests we'll be more dependent upon car and ride-sharing.

Mini has made a specialty out of squeezing big things into little packages. But how might it take this “clever use of space” philosophy even further?

The British maker is offering up a hint in the form of the Mini Vision Next 100, one of three futuristic concept vehicles unveiled as part of the celebration of parent BMW’s 100th anniversary. The Mini prototype offers up some intriguing ways to enhance ingress and egress while also focusing on the connected car technologies that are rapidly becoming a part of mobile life.

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With the Vision 100, “Mini looks to offer smart and bespoke mobility in cities that engages all the senses. And in the future, you might not actually have to own a vehicle to enjoy the benefits,” says Adrian van Hooydonk, the global director of BMW Group Design.

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