In new court filings Wednesday, a top official of Uber Technologies Inc said the company would “almost certainly need to shut down” ride services in
Tag: Lyft
Uber and Lyft hopes that the increasing use of face masks to deal with the coronavirus outbreak will make customers comfortable enough to use their ride-sharing services.
Lyft Inc has purchased U.S.-based startup Halo Cars, which permits drivers to make money from digital advertisements showed on top of their vehicles. The deal,
Lyft stated on Thursday that it’s launching a car rental service, which will allow customers to rent a vehicle without needing them to go to the
Japan’s Rakuten Inc stated on Tuesday it expects to take a 103 billion yen ($947 million) loss in the recent quarter on its investment in
Some drivers for ride-hailing giants Uber and Lyft shut down their apps Wednesday to protest what they refers as declining wages at a time when
General Motors on Tuesday reported a higher-than-expected quarterly profit, raised by revaluations of shares it owns in ride-hailing company Lyft Inc and France’s Peugeot SA.
Japanese company Rakuten on Monday stated it will post a 110 billion yen ($990 million) profit in its first-quarter revenues from an increase in the
As Lyft Inc cruises toward an initial public offering in March, one of the big winners is going to be General Motors, whose stake in
German automaker Volkswagen is going to write off its investment in Gett after the Israel-based ride hailing app failed to achieve ground on bigger competitors
General Motors CEO Mary Barra stated on Tuesday the No. 1 U.S. automaker at present has no projects underway with ride-sharing company Lyft, where it
Ford Motor stated on Wednesday it will work together with Lyft to deploy Ford self-driving vehicles on the ride-services company’s network in huge numbers by
General Motors stated it has finished production of 130 self-driving Chevrolet Bolt electric vehicles at its Orion assembly plant located in Michigan. The automaker anticipates
Silicon Valley’s newest mobility start-up, a short-term auto leasing company named Canvas, is backed by old-school muscle: Ford Motor Credit Co, the dealership and customer
BMW will test self-driving automobiles in Munich next year as it looks to stay up to date with ride-hailing companies like Uber, which have invested
