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October 23, 2019

Penske Corporation announced that it is rolling out its new carsharing service in Washington, DC and Arlington, VA, this week.

Penske Dash provides members with on-demand access to Volkswagen Jetta SE vehicles that can be rented by the minute, hour or day through the Pe...

September 26, 2019

Uber is merging its ride-hailing and food delivery apps, adding a raft of new safety features, boosting alternate modes of travel like bikes, scooters, and public transportation, and getting involved in “virtual restaurants,” in addition to dozens of other product anno...

August 30, 2019

Hungarian electric carsharing company GreenGo is set to expand abroad for the first time, setting up an operation in Prague.

Three years ago, GreenGo was the first company to introduce a fleet composed solely of environmentally friendly EVs in Central and Eastern E...

August 29, 2019

The small town of Hood River, Ore., has decided that it will participate in a new pilot project that will launch a plug-in electric car-share program, which is a relatively unusual thing for rural jurisdictions.

Hood River, Ore. will soon take part in an electric vehicl...

August 9, 2019

The good news - Bookings (up 31%), Active Users (up 30%), Trips (up 35%), Revenue (up 14%) 

The BAD NEWS - Uber lost more than $5 Billion dollars in the second quarter. 

Here is the link to Uber's 2019 Second Quarter Investor Report

August 8, 2019

Russian carsharing start-up Delimobil could hold an initial public offering (IPO) at the end of 2020 on the Moscow Exchange, Interfax reported on August 7 citing the head of Mikro Kapital Group Vincenzo Trani.

Delimobil is one of about a dozen carsharing operators in...

August 8, 2019

Car rental companies Hertz and Avis have been investing in technology and alternative services to weather the advent of ridehailing apps. Although the efforts are still in early stages, they show signs of growing success.

The Hertz Corporation posted solid results Wedne...

July 31, 2019

If you thought trying to catch a cab in New York at rush time was hard, try finding your Uber in a sea of other ride-share vehicles when all you have to go on primarily is the same glowing decal dozens of other people waiting on the corner are searching for and an eigh...

July 23, 2019

The Russian carsharing service Delimobil is adding the Fiat 500 to its fleet. Delimobil currently operates more than 7,500 carsharing vehicles in 11 cities in Russia. The company has over 2,400,000 customers which make 42,000 trips a day.

As a first step FCA Russia will...

July 18, 2019

BMW’s car-sharing service abruptly ceased operation Wednesday, ending a mobility program that included 1,000 free-floating vehicles used by more than 100,000 members across Seattle and Portland. A spokesperson confirmed that ReachNow offices in those two cities will cl...

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