Cars

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Germany Is About to Give Flying Taxis a Try

Germany Is About to Give Flying Taxis a Try

Stefan Nicola, Bloomberg

It makes sense for Germany to get involved in the flying car sector. As we've pointed out, the technology is advancing but still far away from providing a solution to transportation woes around the world.

2 months ago

How Nairobi-Based Ridesharing Service Little Competes With Uber in Africa

How Nairobi-Based Ridesharing Service Little Competes With Uber in Africa

Richard Holmes, Skift

On the streets of Nairobi, homegrown ridesharing service Little is giving Uber a run for its money. And judging by the growth, innovative ideas are proving just as useful as deep pockets.

2 months ago

A Startup Is Offering Extra Insurance for Uber and Lyft Rides

A Startup Is Offering Extra Insurance for Uber and Lyft Rides

Sarah Skidmore Sell, The Associated Press

It's hard to imagine people having the time to think about buying insurance for an Uber or Lyft ride, let alone understanding what it gets them. We're more sure that both companies should better explain their insurance policies to passengers.

2 months ago

Enterprise Takes a Small Step Toward Driverless Rental Cars

Enterprise Takes a Small Step Toward Driverless Rental Cars

Mark Bergen and David Welch, Bloomberg

Self-driving cars are coming faster than many people think, and Enterprise is smart to try and make this trend work for the company as early as possible.

2 months ago

Southeast Asia’s Ridesharing Battle Continues With $1 Billion Investment in Grab

Southeast Asia’s Ridesharing Battle Continues With $1 Billion Investment in Grab

Ville Heiskanen, Bloomberg

After forcing Uber to cooperate with its ambitions in Asia, Grab is receiving billions in funding to compete against rival service Go-Jek.

2 months ago

Car Rental Giants Get Much-Needed Financial Boost From Used Car Pricing

Car Rental Giants Get Much-Needed Financial Boost From Used Car Pricing

Austin Weinstein, Bloomberg

Last year, Hertz and Avis struggled to sell off their old vehicles in a soft market for used cars. They need the money to invest in new cars and their technology stacks. Now that the used car market has recovered, it will be a little easier for them to muddle forward despite intense competition from Uber and Lyft.

2 months ago

Uber Faces Political Risks by Delaying IPO to 2019

Uber Faces Political Risks by Delaying IPO to 2019

Conor Sen, Bloomberg

The author has a valid point about the expected U.S. political environment during the next two years. Uber, however, still has some internal politics to clean up and is on its own timeline.

3 months ago

Greyhound Struggles as Travelers Prefer Flights to Bus Rides

Greyhound Struggles as Travelers Prefer Flights to Bus Rides

Chris Bryant, Bloomberg

Ridesharing and low-cost carriers alike have contributed to the decline of Greyhound, which boasts an aging fleet and outdated brand identity. It'll probably be sold off to a private equity group and saddled with an onerous amount of debt sometime soon.

3 months ago

European Ride-Hailing Service Taxify Secures $1 Billion Valuation

European Ride-Hailing Service Taxify Secures $1 Billion Valuation

Dinesh Nair, Bloomberg

Taxify is making impressive gains, but will have to face the same threat of ridesharing regulation as Uber and other players.

3 months ago

Indonesia’s Go-Jek Wants to Fill the Gap Uber Left in Southeast Asia

Indonesia’s Go-Jek Wants to Fill the Gap Uber Left in Southeast Asia

Yoolim Lee, Bloomberg

With Uber out of the region, there's likely room for another ride-hailing app — especially one that could offer additional services. But with bigger rival Grab already established, Go-Jek could face an uphill climb.

3 months ago

Self-Driving Cars, Electric Vehicles, and the Future of Hitting the Road

Self-Driving Cars, Electric Vehicles, and the Future of Hitting the Road

Sarah Enelow-Snyder, Skift

The sharing economy hardly puts a dent in the fact that most American road trips occur with owned cars. But look out for brands adapting to electric vehicles before driverless cars change things completely.

3 months ago

China Pushes Drivers Toward Electric Vehicles out of Necessity

China Pushes Drivers Toward Electric Vehicles out of Necessity

Bloomberg

Consumer behavior is slow to evolve with pricey goods, but China is successfully forcing some change. Over time, with enough familiarity and charging stations, many may love their electric vehicles and start taking them on longer leisure trips.

3 months ago