Lyft is testing monthly subscription plans for high-frequency users, a sign that the company is shifting toward a Netflix or Spotify model for transportation. The terms of the subscription models seem to vary, but appear targeted at users who spend up to $450 on ride-hailing a month. One all-access pass offered up to 30 standard… Continue reading Lyft is testing a Netflix-style monthly subscription plan
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Conferma partners with Karhoo
Fintech company Conferma has announced a partnership with ground transportation provider Karhoo to streamline ground transport payments. Conferma’s integration into the Karhoo suite of tools will allow travellers and companies to organise their travel, track expenses, pay suppliers and have access to travel data. Karhoo allows users to book ground transportation worldwide, and head of… Continue reading Conferma partners with Karhoo
Karhoo is back, announces a partnership with Conferma
Mar 15, 2018, 2:10 pm EDT Update Mar 15, 2018, 2:19 pm EDT Karhoo, the car-sharing company whose founder had burned through all of its cash, is apparently up and running again. The British startup, which has a U.S. headquarters in New York, announced a partnership with Conferma, a financial technology company known for providing… Continue reading Karhoo is back, announces a partnership with Conferma
Carrefour buys majority stake in French meal delivery company
PARIS (Reuters) – French retailer Carrefour (CARR.PA) said on Thursday it was buying a majority stake in Quitoque, a French company that delivers meal kits to homes, as part of plans to beef up its digital offering. A Carrefour logo is seen on a Carrefour Hypermarket store in Montreuil, near Paris, France, February 5, 2018.… Continue reading Carrefour buys majority stake in French meal delivery company
After leaving DriveNow: Sixt attacks BMW and Daimler with a new kind of car sharing
All articles and backgrounds 03/15/2018 After leaving DriveNow Sixt, BMW and Daimler attack with a new kind of car sharing DPA Sixt employee The car rental company Sixt Show stock market chart engages in car sharing: the company wants to say goodbye to the joint with BMW Show stock market chart operated sub-car company DriveNow… Continue reading After leaving DriveNow: Sixt attacks BMW and Daimler with a new kind of car sharing
Lyft Partners with Magna to Scale Self-Driving Technology
Today, we’re excited to announce a first-of-its-kind partnership with Magna, the largest North American Tier 1 automotive technology and manufacturing supplier, to jointly fund, develop, and manufacture our self-driving system. In addition to co-funding the partnership, Magna will also invest $200 million in Lyft. This partnership enables our Level 5 team to accelerate the introduction… Continue reading Lyft Partners with Magna to Scale Self-Driving Technology
Drover picks up £5.5M funding for its car subscription marketplace
Drover, a London-based startup that lets you take out a “car subscription” as an alternative to car ownership, has picked up £5.5 million in seed funding. The round was led by VC firms Cherry Ventures, Partech and BP Ventures (the venture arm of BP), and adds to an earlier £2 million ‘pre-seed’ investment from Version… Continue reading Drover picks up £5.5M funding for its car subscription marketplace
The AA acquires online car sales site VCARS
The AA has bought the used car classifieds website VCARS, four years since they formed a partnership which led to the AA Cars brand.
Press Release – Magna and Lyft Announce a Multi-Year Partnership to Develop and Manufacture Self-Driving Systems at Scale
Please click HERE for a PDF version of the release. Magna and Lyft will fund and develop self-driving systems Co-developed self-driving systems can be deployed on the Lyft network as well as for the entire automotive industry The partnership will benefit from data generated by the 5+ billion miles traveled per year on the Lyft… Continue reading Press Release – Magna and Lyft Announce a Multi-Year Partnership to Develop and Manufacture Self-Driving Systems at Scale
BREAKTHROUGH IN LIGHTWEIGHT BIOMATERIALS GAINS MOMENTUM
As Faurecia’s NAFILean™ lightweight hemp-based biomaterials are increasingly adopted by OEMs, the company has developed new figures showing the significant energy and environmental benefits of the innovative breakthrough. Not to mention a positive impact on agriculture. Following their initial registration with Peugeot PSA, the biomaterials are now being used in the car parts of six… Continue reading BREAKTHROUGH IN LIGHTWEIGHT BIOMATERIALS GAINS MOMENTUM