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NewsMarch 3, 2018

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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NewsJanuary 17, 2018

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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NewsJanuary 10, 2018

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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NewsJanuary 8, 2018

Australian Startup Splend Raises $227M in Financing

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

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NewsDecember 27, 2017

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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NewsDecember 12, 2017

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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NewsNovember 20, 2017

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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NewsNovember 2, 2017

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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NewsSeptember 26, 2017

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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NewsSeptember 15, 2017

Uber to Require EV, Hybrid Vehicles in London by 2020

Uber will ban its drivers in London from using vehicles that are not hybrid or fully electric by 2020 in an effort to curb illegal levels of pollution in the city.

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