Cars

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Audi’s Silvercar Launches Loyalty Program to Help Compete With Legacy Rivals

Audi’s Silvercar Launches Loyalty Program to Help Compete With Legacy Rivals

Grant Martin, Skift

Premium Rewards isn't going to change the world as a loyalty program, but it is going to entice business from a new set of travelers. And that might be exactly what Silvercar needs right now.

1 year ago

Audi’s Silvercar Launches New Car Rental Loyalty Program

Audi’s Silvercar Launches New Car Rental Loyalty Program

Grant Martin, Skift

Silvercar's new loyalty program is a good incentive for both current and prospective customers to try out the service. It also may be a shot in the arm to a plateauing company.

1 year ago

Skift Global Forum Preview: Avis Tackles Digital Innovation Through Partnerships

Skift Global Forum Preview: Avis Tackles Digital Innovation Through Partnerships

Isaac Carey, Skift

Doing just traditional car rental isn't going to cut it anymore, and Avis is rapidly expanding its alternative services.

1 year ago

Hertz and Avis Double Down on Ridehailing Strategy

Hertz and Avis Double Down on Ridehailing Strategy

Isaac Carey, Skift

It's been hard for car rental companies to adapt to disruptors like Uber and Lyft, but their recent strategies show promise.

1 year ago

Uber Says Driverless Cars Can Only Happen in Lockstep With Regulators

Uber Says Driverless Cars Can Only Happen in Lockstep With Regulators

Tom Lowry, Skift

Uber is no stranger to consumer backlash so little wonder a top technology executive at the company went out of his way to say driverless cars will be a partnership with consumers and regulators. Let's see how that unfolds.

1 year ago

Uber Unit Launches Saudi Bus Service to Tap Into Religious Pilgrimages

Uber Unit Launches Saudi Bus Service to Tap Into Religious Pilgrimages

Layan Odeh and Matthew Martin, Bloomberg

The lines in transportation are beginning to blur as they have in hospitality. Disruptor Uber is dabbling in mass transport in Saudi Arabia with a new bus service carrying Muslims to Mecca.

1 year ago

Uber Inventor’s Stake Worth $3.7 Billion Ahead of IPO

Uber Inventor’s Stake Worth $3.7 Billion Ahead of IPO

Eric Newcomer, Bloomberg

Garrett Camp grew increasingly frustrated when yellow cabs wouldn't show up to give him a ride in San Francisco. Boom. An idea hit him. Today, that idea — Uber — starts trading as a public company, and Camp is all the richer.

1 year ago

SoftBank Is In for Long Haul With Massive Ridehailing Bet

SoftBank Is In for Long Haul With Massive Ridehailing Bet

Pavel Alpeyev, Bloomberg

SoftBank founder Masayoshi Son is a big believer in Uber, and the company's upcoming initial public offering will make him and his company richer. But it sounds like he's thinking about the more lucrative rewards further down the line.

1 year ago

Avis and Hertz Struggle to Find Path to Car Rental Profit

Avis and Hertz Struggle to Find Path to Car Rental Profit

Andrew Sheivachman, Skift

Business still isn't great for Hertz or Avis, but at least they aren't hurting as much anymore. The next few quarters will prove whether they can burst out of a multiyear slump or will continue to muddle forward.

1 year ago

Uber Didn’t Listen Enough to Cities, a Top European Exec Concedes

Uber Didn’t Listen Enough to Cities, a Top European Exec Concedes

Patrick Whyte, Skift

Uber has tried hard to change its image in recent years, but has it worked?

1 year ago

6 Uber IPO Roadshow Takeaways Every Travel Exec Needs to Know

6 Uber IPO Roadshow Takeaways Every Travel Exec Needs to Know

Dennis Schaal, Skift

Uber certainly isn't making a profit yet, which isn't the worst thing in the world, considering the mammoth market opportunity. Still, investors in its initial public offering should know it could take several years before that red ink turns black.

1 year ago

Uber Secures $1 Billion Funding for Self-Driving Unit Ahead of IPO

Uber Secures $1 Billion Funding for Self-Driving Unit Ahead of IPO

Eric Newcomer, Bloomberg

The autonomous-car unit is a very costly endeavor with Uber not making any profits. But the latest $1 billion investment helps Uber to go on its IPO roadshow with additional fuel.

1 year ago