UPDATE 3-Aston Martin plans to go public as turnaround picks up speed

LONDON (Reuters) – Luxury carmaker Aston Martin plans to float on the London Stock Exchange, completing a turnaround for the once perennially loss-making company that could now be valued at up to 5 billion pounds ($6.4 billion). FILE PHOTO: A company logo is seen on the new Aston Martin Vantage car at a media event… Continue reading UPDATE 3-Aston Martin plans to go public as turnaround picks up speed

James Bond cult brand: Aston Martin reviews IPO

All articles and backgrounds 08/29/2018 James Bond cult brand Aston Martin reviews IPO DPA James Bond aka Daniel Craig gets out of an Aston Martin DB 10 British sports car maker Aston Martin wants to go public. A corresponding registration document as a condition for the Gang on the floor the automaker had submitted to… Continue reading James Bond cult brand: Aston Martin reviews IPO

Aston Martin London Stock Exchange flotation intent confirmed

After rumours began circling last year, Aston Martin has confirmed it intends to float the company on the London Stock Exchange within the next few weeks. The formal launch of the firm’s initial public offering (IPO) will see up to £1bn of shares in Aston offered for sale. The firm has today submitted a Registration Document with… Continue reading Aston Martin London Stock Exchange flotation intent confirmed

VW Group hit hard by new emissions test

To gauge the impact of WLTP, an Autocar survey of car firms revealed that, while most were expecting no issues or delays due to WLTP, several have been forced to suspend production or axe models to meet the new rules. Volkswagen Group brands have been particularly affected by the change in tests. Audi, Seat, Skoda… Continue reading VW Group hit hard by new emissions test

Via Awarded Second Phase of Contract to Provide On-Demand Public Bus Technology in Singapore

Published August 28, 2018 3:34 pm, Via NYC
Via Awarded Second Phase of Contract to Provide On-Demand Public Bus Technology in Singapore
Via, the world’s leading developer of dynamic shared ride technology, has been awarded the second phase of a contract to provide on-demand public bus (ODPB) technology in Singapore by the Land Transport Authority (LTA). The six-month operational trial will leverage Via’s best-in-class ride matching and routing algorithm as well as the company’s extensive operational expertise to deliver more seamless and convenient bus journeys for commuters.

“Via’s powerful technology is seamlessly integrating with public transit infrastructure around the globe, redefining the way people move around their city,” said Daniel Ramot, co-founder and CEO of Via. “We’re delighted to join forces with the LTA to launch this groundbreaking on-demand bus service in Singapore, providing commuters with a convenient and seamless smart transportation experience.”

The second phase of the project will see the development of custom technology localized for Singapore’s public bus commuters and drivers, as well as the deployment of the sophisticated back-end tools required to monitor and optimize the service. The six-month operational trial will be launched with selected services with low travel demand during off-peak hours from December 2018, with Via-led ODPB service leveraging Via’s cutting-edge technology and deep experience with highly efficient vehicle utilization. A local public bus operator will operate the service.

Via has been tapped by cities and transit authorities in the United States and around the world to help re-engineer public transit from a regulated system of rigid routes and schedules to a fully dynamic, on-demand network. Most recently, Via has launched on-demand transit services in Arlington, TX, Queenstown, New Zealand, Newcastle, Australia and West Sacramento, CA, with operations in Berlin, Germany and Los Angeles, CA in 2018.

About Via

Via is re-engineering public transit, from a regulated system of rigid routes and schedules to a fully dynamic, on-demand network. Via’s mobile app connects multiple passengers who are headed the same way, allowing riders to seamlessly share a premium vehicle. First launched in New York City in September 2013, the Via platform currently operates in the United States, and in Europe through its joint venture with Mercedes-Benz Vans, ViaVan. Via’s technology is also deployed worldwide through partner projects with public transportation agencies, private transit operators, taxi fleets, private companies, and universities, seamlessly integrating with public transit infrastructure to provide the most cutting edge on-demand mobility innovation.

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Daimler Says Working With Authorities to Fix Emissions Issues

Terms of Service Violation Your usage has been flagged as a violation of our terms of service. For inquiries related to this message please contact support. For sales inquiries, please visit http://www.bloomberg.com/professional/request-demo If you believe this to be in error, please confirm below that you are not a robot by clicking “I’m not a robot”… Continue reading Daimler Says Working With Authorities to Fix Emissions Issues

Daimler in Talks to Make Electric Smart Cars in China

Terms of Service Violation Your usage has been flagged as a violation of our terms of service. For inquiries related to this message please contact support. For sales inquiries, please visit http://www.bloomberg.com/professional/request-demo If you believe this to be in error, please confirm below that you are not a robot by clicking “I’m not a robot”… Continue reading Daimler in Talks to Make Electric Smart Cars in China

So much do BMW, Mercedes and VW really earn with their cars

by Andre Borbe conclude New cars are expensive, but how much money do manufacturers make and who earns the most? This shows a study. Two brands even make losses. Those who buy a new car pay attention to the price and try to get discounts from the car dealer. Sometimes the dealers go down with… Continue reading So much do BMW, Mercedes and VW really earn with their cars

Rideshare study shows Via drivers earn the most in NYC

Published July 2, 2018 3:00 pm, Via NYC
Rideshare study shows Via drivers earn the most in NYC
With both the highest utilization and highest driver earnings, Via proves their shared rides model works for drivers and for cities

A report released today, commissioned by New York City’s Taxi and Limousine Commission, established Via as the industry leader when it comes to driver earnings and vehicle efficiency in New York City. Via driver partners are on average earning 43% more than Lyft drivers and 35% more than Uber drivers in the New York market. Via is the only rideshare company in the city to already have the vast majority of drivers on its platform earning well above the recommended $17.22 earnings floor, while achieving a record 70% utilization. Via drivers on average take home $21.73 per hour after expenses.

“At Via, we have always believed that our driver partners deserve fair earnings, which is why we are the only company in New York to offer drivers an hourly guarantee earnings model and the lowest commission in the industry. We are very pleased that our driver partners are already earning more than the amount recommended in this report,” said Daniel Ramot, co-founder and CEO of Via. “The Via system is designed to make sharing work; drivers are earning more money, and our highly efficient vehicle utilization helps to reduce congestion and emissions here in New York.”

In addition to leading the pack with regards to driver earnings, the report also highlighted that Via is outperforming competitors when it comes to utilization rates. High utilization means drivers are spending less of their working hours cruising while waiting for rides. This translates to both better earning potential for drivers and reduced congestion and emissions, as fewer empty cars are clogging the streets. Via’s 70% utilization rate demonstrates that when a platform is purpose-built to make shared rides work, everyone benefits.

Via looks forward to working with the TLC to continue to set the standard for FHV operations in New York and to encouraging more New Yorkers to ride responsibly and share.

About Via
Via is re-engineering public transit, from a regulated system of rigid routes and schedules to a fully dynamic, on-demand network. Via’s mobile app connects multiple passengers who are headed the same way, allowing riders to seamlessly share a premium vehicle. First launched in New York City in September 2013, the Via platform currently operates in the United States and in Europe through its joint venture with Mercedes-Benz Vans, ViaVan. Via’s technology is also deployed worldwide through partner projects with public transportation agencies and private transit operators, seamlessly integrating with public transit infrastructure to provide the most cutting edge on-demand mobility innovation. For more information, visit www.ridewithvia.com.

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Via brings on-demand shared mobility to Tokyo, partners with Mori Building to launch dynamic shuttle

Published July 31, 2018 9:00 pm, Via NYC
Via brings on-demand shared mobility to Tokyo, partners with Mori Building to launch dynamic shuttle
The Mori Building Company, a leading Tokyo-based urban developer, has tapped New York startup Via to launch an on-demand transit service in Tokyo, providing an innovative new transportation solution to urban areas.

“We are thrilled to partner with Mori to bring Via’s revolutionary technology to Japan. Via’s vision is to provide cutting-edge mobility solutions that are smart, efficient, and help to reduce congestion and emissions globally,” said Daniel Ramot, co-founder and CEO of Via. “We are excited to introduce this new service which will improve the quality of life for Mori employees.”

Using the Via-powered HillsVia mobile app, Mori Building employees will be able to book a ride in high end V-Class vans provided by Mercedes-Benz. Via’s technology will seamlessly match multiple passengers headed in the same direction, and dynamically direct the vehicle in real time along an optimized, efficient route. The new service will initially be available to approximately 1,300 Mori Building employees.

Mori’s forward-thinking Tokyo service is the first in Japan to introduce Via’s dynamic on-demand shared rides. Via’s revolutionary technology powers transport solutions around the globe with projects throughout the United States, Europe, Australia, New Zealand, Singapore, and beyond. Leveraging its experience providing over 35 million shared rides to date, Via partners with public transportation authorities, transit operators, taxi fleets, and private companies around the world to solve local mobility needs for cities of all sizes.

Via’s technology and operational experience is uniquely suited to the Japanese market, where Via operates through its subsidiary Via Mobility Japan GK. Via is able to seamlessly integrate with existing fixed-route transportation infrastructure, helping to fill in gaps where existing transit isn’t easily accessible with a system that efficiently works to aggregate multiple passengers into shared vehicles, effectively reducing single-occupancy vehicle trips and thus improving traffic congestion and reducing carbon emissions. The easy-to-use mobile interface is suited to riders of all ages, including the elderly.

“Via’s on-demand shuttle services, with their unique and efficient algorithms, will contribute to solving the problems of urban transportation such as traffic congestion and environmental pollution. This service will improve city life by increasing transportation options in urban areas,” said Masahiko Ogasawara, Director and Executive Managing Officer of Mori Building Co., Ltd.

Via’s partnership with Mori was sparked and facilitated by Anchorstar.

About Via

Via is re-engineering public transit, from a regulated system of rigid routes and schedules to a fully dynamic, on-demand network. Via’s mobile app connects multiple passengers who are headed the same way, allowing riders to seamlessly share a premium vehicle. First launched in New York City in September 2013, the Via platform currently operates in the United States, and in Europe through its joint venture with Mercedes-Benz Vans, ViaVan. Via’s technology is also deployed worldwide through partner projects with public transportation agencies, private transit operators, taxi fleets, private companies, and universities, seamlessly integrating with public transit infrastructure to provide the most cutting edge on-demand mobility innovation.

About Mori Building

Mori Building is an innovative urban developer based in Tokyo. The company is committed
to maximizing the magnetic power of cities by creating and nurturing safe, sustainable and
cosmopolitan urban centers based on its unique Vertical Garden City concept of high-rise
centers for business, education, leisure and residence. The concept is applied in the
company’s many leading-edge projects, including ARK Hills, Omotesando Hills, Roppongi Hills and Toranomon Hills in Tokyo and the Shanghai World Financial Center. Mori Building is also engaged in real estate leasing, project management and consultation.

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