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Sharing economy helps consumers bridge The ‘Attainability Gap’

Sharing economy helps consumers bridge The ‘Attainability Gap’

People still dream of owning major assets such as homes and vehicles but the cost of ownership, the need to pay down rising debt and rising interest rates have created an “Attainability Gap,”  according to a new study by car2go. The survey of 1,800 people in major U.S. and Canadian cities reveals that while 66(…)

GM’s Maven assembling building blocks for ride, delivery services

GM’s Maven assembling building blocks for ride, delivery services

General Motors Co’s Maven car sharing and rental unit is expanding its partnerships in ride and delivery services as parent GM considers whether to enter the on-demand mobility business now dominated by Uber Technologies and Lyft Inc. The trick will be not to alienate the two ride services startups, whose drivers are leasing thousands of GM(…)

Uber and Lyft grab more business from taxis and rental cars

Uber and Lyft grab more business from taxis and rental cars

Business travelers are increasingly turning to Uber and Lyft while taking fewer cabs and renting fewer cars. Money spent on rental cars and taxis each fell by two percent to 29 percent and eight percent, respectively. New data show business travelers are increasingly turning to Uber and Lyft while taking fewer cabs and renting fewer(…)

The sharing economy is failing for one simple reason – people can’t be trusted

The sharing economy is failing for one simple reason – people can’t be trusted

The inherent problem with many of the biggest players is that their business models are based on trust, yet they’re growing so quickly that they’re forgetting that. Earlier this month an article in the South China Morning Post underscored just how bizarre the world of business has become. A Chinese startup offering to lend umbrellas(…)

Cruise is running an autonomous ride-hailing service for employees in SF

Cruise is running an autonomous ride-hailing service for employees in SF

Cruise, the self-driving startup acquired by GM last year, is already operating a complete autonomous ride-hailing service in San Francisco for its employees. The service is called “Cruise Anywhere,” and it allows employees to use a smartphone app to get anywhere they need to go in SF, seven days a week. Cruise Anywhere is in(…)

Car-sharing in Russia is about to boom

Car-sharing in Russia is about to boom

At 17 million square kms, Russia is the largest country in the world. Or to put that in automotive terms: it would take two weeks to drive from one end of Russia to the other. This huge country has a huge capital, and both need a huge fleet. For the past few years, Moscow has(…)

Finnish company MaaS Global completes funding round, raising €14.2 million

Finnish company MaaS Global completes funding round, raising €14.2 million

In its recently completed funding round, MaaS Global managed to raise €14.2 million. Significant additional investments were made by Transdev, Veho and Karsan, who are among the Finnish company’s older shareholders. New investors include the Japanese company DENSO and the Turkish company Swiftcom, as well as Toyota Financial Services and Aioi Nissay Dowa, whose investments(…)

Taxify announces strategic partnership with Didi Chuxing

Taxify announces strategic partnership with Didi Chuxing

Taxify, a leading ride sharing company in Europe and Africa, announced a strategic partnership with Didi Chuxing, the world’s leading mobile transportation platform. Under this partnership, DiDi will invest in and collaborate with Taxify to support the latter’s further growth and innovation across its diversified markets. Launched in Estonia in 2013, Taxify is the fastest-growing(…)

Amtrak and Lyft Announce Rideshare Partnership

Amtrak and Lyft Announce Rideshare Partnership

Amtrak and Lyft, the fastest growing rideshare company in the U.S., are making it easier to go more places: “We know most trips don’t start or end at an Amtrak station. This exciting partnership with Lyft is one of the ways we are working to make it easier for travelers to get where they’re going in(…)

Moscow hosts the Fifth International Eurasian Forum ‘TAXI’ on August 3-4.

Moscow hosts the Fifth International Eurasian Forum ‘TAXI’ on August 3-4.

The fifth International Eurasian Forum “TAXI” will be held on August 3-4, 2017 in Moscow. The choice of the city for holding the event is not accidental: the 110-th anniversary of the Moscow taxi – the first taxi in Russia – is celebrated this year. According to the organisers “the purpose of the Forum is(…)

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