Photo via Mark Warner/Flickr Automated travel and entertainment expense management software provider, Certify, announced the results of its fifth, full-year SpendSmart Report with analysis of U.S. business travel and expense spending trends for 2017. The Certify SpendSmart report tracks business travel expense spending across major categories such as food, airlines, lodging, and car rental. The… Continue reading Report: Ride Hailing Accounted for 65% of Business Travel Expense Transaction Volume in 2017
Tag: GM
Lyft considered buying the startup at the center of Alphabet’s suit against Uber
The timeline of events leading up to Uber’s acquisition of self-driving trucking startup Otto has always been a bit muddled. But Alphabet’s lawsuit against Uber, which centers on that acquisition, has yielded more information about that deal. Today, on the third day of trial in the U.S. district court for the Northern District of California,… Continue reading Lyft considered buying the startup at the center of Alphabet’s suit against Uber
Jon McNeill Joins Lyft as Chief Operating Officer
Today, we are incredibly excited to share that Jon McNeill will be joining Lyft as Chief Operating Officer. Jon is a world-class leader who brings deep experience as a highly successful entrepreneur and game-changing transportation executive. Last year, the Lyft community experienced more growth than in all previous years combined, growing rides by 2.3x and… Continue reading Jon McNeill Joins Lyft as Chief Operating Officer
Yoshi Closes $13.7m in Series A Funding
Yoshi, a San Francisco, CA-based provider of a subscription service for on-site car maintenance and gas delivery, closed $13.7m in Series A funding. The round was led by General Motors Ventures and ExxonMobil with participation from Y Combinator, Kevin Durant & Rich Kleiman (The Durant Company), Arab Angel and others. The company intends to use… Continue reading Yoshi Closes $13.7m in Series A Funding
General Motors asks to avoid Takata airbag recalls for 3rd time
CLOSE Beleaguered Japanese air bag supplier Takata filed for Chapter 11 bankruptcy Sunday night in U.S. bankruptcy court in Delaware and is widely expected to also file for bankruptcy in Japan. Detroit Free Press staff New airbag inflators are installed on the Takata service recall of a 2005 Honda Accord LX at Suburban Honda in… Continue reading General Motors asks to avoid Takata airbag recalls for 3rd time
Big Car-Auction Firm KAR Buys SF Mobility Support Startup Stratim
With an eye toward a greater role in the future of mobility services, the big Indiana used-car auction company KAR announced Wednesday it acquired Stratim, a software startup that organizes maintenance and repairs for car-sharing fleets. Carmel, IN-based KAR (NYSE: KAR) says Stratim not only augments its core auction business, but also bolsters its advances… Continue reading Big Car-Auction Firm KAR Buys SF Mobility Support Startup Stratim
Mobility services platform Stratim, formerly known as Zirx, sells to KAR
On the heels of its rebrand in November, mobility service STRATIM has sold itself to KAR Auction Services, a car remarketing company. Terms of the deal were not disclosed. STRATIM, formerly known as on-demand valet and car services startup ZIRX, powers fleet management for more than 50 companies, including BMW (DriveNow), General Motors (Maven), Ford… Continue reading Mobility services platform Stratim, formerly known as Zirx, sells to KAR
Groupe PSA: 600,000 Free2Movers Within a Year of Launch!
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG): A year after its launch on 2 February 2017, the Free2Move app today boasts 600,000 users worldwide and over 30 key partners. The app allows users to identify a range of nearby mobility services, helping them find a shared car, scooter or bike. After comparing features, price and… Continue reading Groupe PSA: 600,000 Free2Movers Within a Year of Launch!
Marchionne: Even with autonomous vehicles, brand identity will be key
A 2018 Alfa Romeo Giulia is shown during a media preview at the 2018 North American International Auto Show in Detroit in January 2018. (Photo: Erik S. Lesser, EPA-EFE/REX/Shutterstock) The term generic might imply a reasonable, cost-effective choice at the grocery store, but Fiat Chrysler Automobiles CEO Sergio Marchionne says it’s no way to think about cars.… Continue reading Marchionne: Even with autonomous vehicles, brand identity will be key
GM Eludes US Auto Slowdown as Truck and SUV Wave Pads Profit
General Motors Co. defied a softening auto market with a surprise prediction that profit will remain steady this year and grow in 2019 thanks to a wave of new trucks and SUVs. Earnings this year will be consistent with the record result the company pre-reported on Tuesday. While GM is going to grapple with costs… Continue reading GM Eludes US Auto Slowdown as Truck and SUV Wave Pads Profit