Tagged Uber

Japanese Bank to Invest $20B in Ride-Hailing Tech

The funds transfer would give mobility services access to Vision Fund’s world-wide network of resources.

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Uber Launches Uber Rent

Uber has partnered with peer-to-peer platform Getaround to provide rental cars through the Uber app.

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Mercedes-Benz Brings On-Demand Ridesharing Vans to London

This is the second city launch for ViaVan, following its launch in Amsterdam last month.

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City-Mandated Fare Increases Cause Concern for Ridehailing, Taxis

Uber and Lyft drivers in Seattle and New York City are worried that base fare increases will deter people from using ride-hailing apps.

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Fearing Monopoly, Competition Commissions Investigate Grab's Uber Acquisition

Officials in two countries are investigating whether Grab's acquisition of Uber's Southeast Asia operations violates various antitrust laws.

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Uber Settles in Fatal Autonomous Crash

Uber has halted all testing for self-driving vehicles after what is considered the first fatality by an autonomous car.

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Arizona Suspends Uber's Autonomous Vehicle Testing

Uber's autonomous division also indicated to the California DMV that it will not renew its permits in the state for self-driving vehicle testing.

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Grab Acquires Uber's Southeast Asia Operations

The two companies are working together to seamlessly integrate Uber’s drivers and riders onto Grab’s app.

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Lyft Tests Subscription Service

Various subscription and pricing models have been rolled out for testing, including all-access passes for 30 standard Lyft rides for $199 per month, 60 standard rides for $399 per month, and $300 per month.

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Uber Disputes MIT Wage Study

In a blog post, Uber Chief Economist Jonathan Hall cited previous studies that found Uber drivers make wages closer to $13.04 per hour after expenses, compared to the $3.37 per hour found by the MIT paper.

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MIT Study Reinforces the Newfound Importance of Fleet

Uber and Lyft drivers make far less when factoring vehicle expenses, though the actual numbers are now in dispute. A proper lifecycle cost analysis would’ve helped, and shows the benefit of collaboration with fleet professionals.

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MIT Study: Uber, Lyft Drivers Net $3.37 an Hour

The study also found that 30% of ride-hailing drivers are losing money once vehicle expenses are included.

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Calif. Judge to Approve $7M Uber Settlement

The lawsuit was brought against the company by drivers in California for alleged labor-code violations.

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Car Rental Revenue Up at St. Louis Airport after Uber, Lyft Added

Revenue from car rentals increased 7.2% at St. Louis Lambert International Airport after three months, while taxi pickups dropped by 19.5%.

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Australian Startup Splend Raises $227M in Financing

Splend rents vehicles to Uber drivers who don't own their own cars.

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Uber Selling Leasing Business to Digital Startup

Uber will sell its Xchange Leasing division to Fair, a digital car marketplace. Xchange Leasing had been losing $9,000 per car.

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ComfortDelGro Buys Majority Stake in Uber’s Car Rental Subsidiary in Singapore

Singaporean transport giant ComfortDelGro and Uber have entered into a strategic agreement to form a joint venture, subject to regulatory approval.

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Volvo to Supply Uber 20K+ Autonomous Vehicles

Under a framework agreement, the automaker will sell the ride-hailing company autonomous driving-compatible base vehicles from 2019 to 2021.

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HyreCar Expands to New York

HyreCar, a peer-to-peer carsharing marketplace that connects vehicle owners with potential drivers, has expanded its service to New York state.

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Uber CEO Apologizes for Loss of London License

Transport for London didn't renew Uber's license to operate, citing various issues with the ride-hailing service. Uber's license in London expired on Sept. 30.

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Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

6 Takeaways from the 2018 International Car Rental Show

Technological solutions are finally moving from reality to theory, peer-to-peer platforms are being redefined, China has the biggest room for growth, while Sixt’s U.S. aspirations have only just begun.

The Irony of Customer Service in the Digital Age

Sure, any company would jump at the chance to use technology to reduce labor costs. But it also comes with some big, red, flashing warning lights.

Market Forces Driving Car Rental in 2018

An analysis of the conference calls of Avis Budget Group and Hertz Global Holdings reveal trends and initiatives involving fleet right sizing, pricing, ancillary revenue opportunities, and renting to ride-hailing drivers.

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