Gores Holdings Acquires Smart Transportation Company

Verra Mobility is a global leader in smart mobility, serving the world’s largest commercial fleets and rental car companies in managing tolling transactions and violations for more than 8.5 million vehicles and operating more than 4,000 red-light, speed, and school bus stop arm safety cameras.  Photo courtesy of Verra Mobility.  Gores Holdings II, Inc., a… Continue reading Gores Holdings Acquires Smart Transportation Company

Wholesale Values Stabilizing at Start of October

In the truck segment, full-size vans experienced a strong week, as values for vehicles in that segment improved 0.25% over the previous week. Alternatively, full-size luxury crossovers/SUVs had the week’s weakest showing, as values for the segment fell 0.61% over last week. Photo courtesy of Black Book.  While luxury vehicles continue to struggle, overall vehicle… Continue reading Wholesale Values Stabilizing at Start of October

Car Rental Dynamic Pricing Platform Open to Public

The Perfect Price platform, previously in beta, uses a combination of machine learning and big data analysis to anticipate the prices consumers are willing to pay for specific goods and services at any given moment in time. Screenshot courtesy of Perfect Price.  Perfect Price, the company using AI to make pricing and revenue management effortless… Continue reading Car Rental Dynamic Pricing Platform Open to Public

Audi on Demand to End San Francisco Service

The decision comes after the recent launch of Silvercar by Audi in downtown San Francisco earlier this month. Photo courtesy of Audi. Audi on Demand announced that it will no longer offer its mobility service in San Francisco. All new and existing reservations with the service will be honored until Oct. 12. The decision comes… Continue reading Audi on Demand to End San Francisco Service

Ford, Lyft, and Uber to Share Data to Improve Urban Mobility

The partnership gives mayors unparalleled access to road traffic data, allowing them to make better planning and investment decisions as shared and autonomous mobility arrive in their cities. Photo courtesy of Ford.  Ford Motor Company, Uber, and Lyft have announced a commitment to SharedStreets, a new data platform designed to make it easier for the private sector to work with cities around… Continue reading Ford, Lyft, and Uber to Share Data to Improve Urban Mobility

Audi Subscription Service Comes to Dallas

The launch of Audi select follows on a growing mobility network that Audi is offering to its U.S. customers, especially since the brand’s acquisition of Austin, Texas-based Silvercar in 2017 and the company’s expansion to 24 rental locations across the country.  Photo courtesy of Audi.  Audi is launching a new monthly subscription service called Audi select,… Continue reading Audi Subscription Service Comes to Dallas

HyreCar Launches Vehicle Tracking, Inventory Management Solution

PassTime has set up a special-order portal for DriveItAway/HyreCar dealers to procure vehicle telematics units, and will be integrating all of the PassTime telematics services within its dealer focused vehicle administration platform for easy vehicle specific applications. Screenshot via HyreCar.  Through its alliance with DriveItAway and its dealer focused shared mobility mission, HyreCar is forming… Continue reading HyreCar Launches Vehicle Tracking, Inventory Management Solution

Uber Plans New Engineering Lab in Toronto

The Toronto location will be the ride-hailing firm’s eight engineering hub outside of the U.S. Photo via Prayitno/Flickr.  Uber announced it is expanding its presence in Canada with a new engineering office to be opened in Toronto early next year, CNN reports. The Toronto location will be the ride-hailing firm’s eight engineering hub outside of… Continue reading Uber Plans New Engineering Lab in Toronto

Lyft Debuts E-Scooters in Denver

The transportation service joins the likes of Bird and Lime, earlier startups that kickstarted the electric scooter-sharing trend. Photo courtesy of Lyft.  Lyft announced that it is now offering Lyft Scooters in Denver, in an effort to improve street safety, transportation equity, and environmental sustainability. The transportation service joins the likes of Bird and Lime,… Continue reading Lyft Debuts E-Scooters in Denver