Cars

Uber Appoints Former Attorney General Holder to Review Sexual Harassment Suit

Uber Appoints Former Attorney General Holder to Review Sexual Harassment Suit

Eric Newcomer, Bloomberg

Silicon Valley is certainly keeping former Attorney General Eric J. Holder very busy these days.

3 days ago

Avis Ups Its Ridesharing Partnerships as Pressure Increases on Car Rentals

Avis Ups Its Ridesharing Partnerships as Pressure Increases on Car Rentals

Andrew Sheivachman, Skift

For Avis Budget Group, strong overseas returns aren't offsetting weakness in the Americas. Through its partnerships with services like Uber and Didi, it's looking for another way to make money with its fleet when rental demand flags.

1 week ago

5 Travel Startups Rethinking Car Rentals Beyond Sharing

5 Travel Startups Rethinking Car Rentals Beyond Sharing

Sean O'Neill, Skift

A cluster of comparatively under-the-radar startups have caught our notice: Two let travelers book specific cars on lots rather than broad vehicle categories (like "compact"), two are bringing metasearch to car rentals, and one is a hidden jewel of Hawaii's tech scene.

2 weeks ago

Paris Is a Testing Ground for Uber’s Global Ambitions

Paris Is a Testing Ground for Uber’s Global Ambitions

Marie Mawad, Bloomberg

As Uber pushes for expansion around the world, the company is finding it must be open to local needs and demands.

2 weeks ago

Cabbies Defaulting on Loans as Value of Taxi Medallions in NYC Plummets

Cabbies Defaulting on Loans as Value of Taxi Medallions in NYC Plummets

Polly Mosendz and Shahien Nasiripour, Bloomberg

A couple of years ago, taxi medallions in New York City were selling for $1.3 million. For many years the taxi industry thought their business -- which saw the number of licensed taxis in the city capped -- was an unending gravy train. Cabbies in many parts of the world are finding they will have to adapt to on-demand services or see their businesses die.

4 weeks ago

Outgoing Transportation Secretary Says Private Funding Isn’t the Answer

Outgoing Transportation Secretary Says Private Funding Isn’t the Answer

Joan Lowy and Jonathan Lemire, Associated Press

Privatization, the next illogical step after public-private partnerships, will become a mantra of the Trump Administration, but from prisons to toll roads, we've seen that privatization can be a mess. Lord help us all if efforts to privatize the U.S. air traffic control system, and others around the world, take hold.

1 month ago

Priceline Group Gave $2 Million to Rentalcars.com to Launch a Taxi Service

Priceline Group Gave $2 Million to Rentalcars.com to Launch a Taxi Service

Dennis Schaal, Skift

A next step for Rideways, if it really wanted to get out front, would be to transition to an on-demand service and start recruiting drivers, but being part of a public company, the Priceline Group, Rideways has to be very cautious about regulatory issues. That's sort of like trying to be a disruptor -- or a hedge against disruption -- with one hand tied behind your back.

2 months ago

Uber Isn’t Profitable in the U.S. and Is On Track to Lose $3 Billion in 2016

Uber Isn’t Profitable in the U.S. and Is On Track to Lose $3 Billion in 2016

Eric Newcomer, Bloomberg

Even given Uber's $800 million third quarter loss, which excludes its business in China at the time, the company is one day poised to make money. We just can't predict when that day will arrive.

2 months ago

Hertz to Get Third CEO in 2 Years as John Tague Exits Struggling Company

Hertz to Get Third CEO in 2 Years as John Tague Exits Struggling Company

Jamie Butters and David Welch, Bloomberg

The new CEO at Hertz will have a tough job when she starts in January. Travelers accustomed to on-demand options are losing patience with the complicated process of renting a car even as ride-sharing services continue to prove an attractive alternative.

2 months ago

Google Rolls Out Its Self-Driving Cars Project Into a Separate Business

Google Rolls Out Its Self-Driving Cars Project Into a Separate Business

Mark Bergen, Bloomberg

Google's parent, Alphabet, wants to give its self-driving car unit, a startup vibe. In Waymo, Google hopes to recharge the unit's batteries as rivals have been faster on execution.

2 months ago

Autonomous Transportation and the Future of Business Travel

Autonomous Transportation and the Future of Business Travel

Colin Nagy, Skift

Autonomy will have implications for short haul air travel. The question is when.

3 months ago

Uber Prepares Its Biggest Argument Yet: It’s Not a Taxi or Transport Company

Uber Prepares Its Biggest Argument Yet: It’s Not a Taxi or Transport Company

Foo Yun Chee, Reuters

... and Skift is not the largest travel news and marketing platform. It's a pixel delivery service.

3 months ago