Cars

Analysts Expect Increased Interest in Flying Cars

Analysts Expect Increased Interest in Flying Cars

Esha Dey, Bloomberg

Flying cars present even more knotty technological and legal problems than automated cars. Building an autonomous drone that can fit a person inside and fly long distances is quite difficult; it will likely be decades before they hit the mainstream.

1 month ago

Hertz Partners With Clear to Ease Rental Car Pain With Biometrics

Hertz Partners With Clear to Ease Rental Car Pain With Biometrics

Colin Bertram, Bloomberg

Rental car checkout is a nightmare if you don't have any loyalty status with the company. Maybe this new perk will make Clear's annual fee worthwhile for more frequent travelers.

1 month ago

Lyft’s Focus Stands in Contrast to Uber’s Ambition

Lyft’s Focus Stands in Contrast to Uber’s Ambition

Eric Newcomer, Bloomberg

It's sometimes lost in the Uber debate that the strongest companies in the world don't try to do everything at once on a global basis. The financial case for investing in a focused and nimble operation tends to be much stronger even if the headlines aren't as sexy.

1 month ago

Uber Takes a Step Closer to IPO

Uber Takes a Step Closer to IPO

Eric Newcomer, Bloomberg

The pieces are falling into place as the year comes to a close with Uber reportedly filing the paperwork for an IPO, promising to make 2019 one exciting year for ridesharing services. Who will win the race to the public markets — Uber or archrival Lyft? Or will increasing volatility in stocks slam on the brakes for those plans?

1 month ago

Lyft’s Long-Awaited IPO Is Coming Soon

Lyft’s Long-Awaited IPO Is Coming Soon

Giles Turner and Elizabeth Fournier, Bloomberg

Lyft has beat Uber to the punch, filing confidentially for an initial public offering. It turns out Lyft's focus on the U.S. at the expense of explosive international growth may pay off. The company is still losing money, though, which could worry potential investors.

2 months ago

Grab Will See New Ridehailing Competition in Singapore From Go-Jek

Grab Will See New Ridehailing Competition in Singapore From Go-Jek

Yoolim Lee , Bloomberg

Keep an eye on Singapore as things are starting to get really interesting for ridehailing in Southeast Asia. Grab has some high-profile backers but let's see if Go-Jek can steal some share in the incumbent's home city.

2 months ago

Uber Hit With $1.2 Million Data Breach Fine

Uber Hit With $1.2 Million Data Breach Fine

Associated Press

Uber will be hoping the changes it has implemented mean that this type of thing won't happen again. We'll have to wait and see whether that is indeed the case.

2 months ago

Game On: Lyft and Uber Launch Loyalty Programs

Game On: Lyft and Uber Launch Loyalty Programs

Grant Martin, Skift

Ridesharing and homesharing services have been long overdue for loyalty program launches. Now, both Lyft and Uber are offering at least limited options.

2 months ago

Uber Launches Rewards Program for Most Loyal Customers

Uber Launches Rewards Program for Most Loyal Customers

Eric Newcomer, Bloomberg

Uber's launch of a loyalty program explains why Lyft appears to have rushed out a similar announcement earlier this week. Neither company is being generous with details, but at least Uber has committed to officially launching in nine cities this week.

2 months ago

Lyft Will Launch a New Loyalty Program Ahead of Sharing Rivals

Lyft Will Launch a New Loyalty Program Ahead of Sharing Rivals

Grant Martin, Skift

Details are still sketchy but as of December, Lyft has officially committed to launching a broad consumer loyalty program.

2 months ago

Avis’ Misplaced Optimism in Europe Muddles Car Rental Recovery

Avis’ Misplaced Optimism in Europe Muddles Car Rental Recovery

Andrew Sheivachman, Skift

Car rental companies are preparing for the future of mobility, even as their recovery continues to be a slow process. Renting a car remains mostly annoying but the experience will improve soon thanks to apps and more customer-centric design.

2 months ago

Satisfaction With Rental Cars Is Rising as Costs Stay in Check

Satisfaction With Rental Cars Is Rising as Costs Stay in Check

Justin Bachman, Bloomberg

Some travelers are more satisfied with rental cars, but that doesn't mean the industry's challenges are in the past. Uber and other ride-hailing companies are still dominant in some markets.

2 months ago