It may soon take even longer to find a parking space in New York City.
A new plan is taking effect that will take away hundreds of spaces for drivers. City leaders have been talking about this for some time and now it's finally here; they've installed new street parking signs that say "Carshare Parking Only." One sign was spotted on 115th Street in Morningside Heights, but the signage will be going up across the city.
According to a new websitethe city just launched, they
A battle looms in the Utah Legislature between traditional car rental companies and an online car-sharing firm called Turo — akin to clashes between Uber and taxi companies or Airbnb vs. hotels. Car rental companies are pushing lawmakers to force the San Francisco-based Turo to pay all the taxes they face, complaining it now escapes many and thus can offer lower-cost rentals. Turo says it isn’t a car rental company — and should not be taxed like one — but rather is a differen
HyreCar the CarSharing for ride-hailing companies files for IPO. HyreCar Inc. HYRE, +0.00% a company that appears to be a hybrid between Uber and Airbnb, is looking to go public, according to a Securities and Exchange Commission filing late Wednesday. HyreCar said it plans to offer 2 million shares, with an added 300,000 for underwriters to cover overallotments, at $5 to $6 apiece, which at the high end would value the company at just over $61 million. HyreCar is a car-sharin
Founded in July 2015 by then-16-year-old Haydn Sonnad, Culver City-based Tesloop, licensed by the California Public Utilities Commission, offers shared rides between cities in Tesla’s all-electric, semi-autonomous vehicles. Although Tesloop is not officially affiliated with Tesla, Sonnad said his group has a "positive relationship" with the automaker. Since Teslas require charging, Tesloop operates based on fixed routes between cities, with pick up and drop off destinations n
A new name and identity to reflect the transformation of Europcar Group has been selected, rebranding Europcar as "Europcar Mobility Group," the company announced. Since 2014, Europcar has undertaken an in-depth transformation by growing faster at an international level (i.e. China) and addressing new car rental use cases (i.e. low cost). It has also been diversifying its activities beyond the historical car rental business. From a car rental specialist, the Group has become
YOU DON’T LOOK for the essence of a city in its monuments or its museums. You look for it in its streets, where the covenant at the core of urban life—the sharing of space—plays out. For the past century, the personal car has dominated that arena, shaping the streets and environments around it. Roads are straight and wide for faster travel; intersections are regulated to protect distracted humans; businesses are located near open spaces for better parking. But as cars start t
Peer-to-peer car-sharing app Turo has added a features that lets hosts rent out their camping gear and other equipment. Courtesy of Turo Turo, the San Francisco-based company that lets people rent out their vehicles to strangers via an app, has added a new feature that gives users access to “extras” they might need on a trip from camping gear and bike racks to child seats and prepaid fueling. Turo announced its new “Extras” feature Wednesday. People renting out their vehicles
HyreCar, the peer-to-peer carsharing platform, is proud to announce today its launch into three additional states - Hawaii, Iowa, and Minnesota. HyreCar is a digital platform that facilitates carsharing for ridesharing, with on-demand services like Lyft and Uber. The dual-sided marketplace empowers vehicle owners to monetize their idle vehicle assets while providing reliable solutions for drivers who do not have their own qualifying vehicles. "We're extremely excited to expan
Startups like Uber decimated taxi companies. Is the Car Rental industry next? For Father’s Day this year, Brett Porter is hoping for a Ferrari. Not to own—though that would be nice—but to drive around for a day. Last year, his kids celebrated by renting him a silver 2009 Mercedes Benz SL63. They picked it up near his home in Redondo Beach, California, then drove to the Concours d’Elegance, an annual automobile exhibition in Beverly Hills that attracts folks in Lamborghinis. P