Ride-share giant Lyft enters U.S. rental car market in 3 cities
Ride-sharing giant Lyft has crossed into the car rental market, and will directly compete with industry staples like Hertz and Avis. The...
Global car sales expected to slide by 3.1 million this year in steepest drop since Great Recession
Global car sales are expected to decline by about 3.1 million in 2019 — a larger unit drop than in 2008, according to Fitch Ratings....
Enterprise Holdings acquires rental business in Canada
Enterprise Holdings, which owns the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands, and Discount Car and Truck...
Los Angeles Incubator Funds Zero-Emissions Pilots
Four L.A.-area pilots will each receive $100,000 toward boosting zero-emission transportation. The initiatives aim to offer new modes of...
Penske Launches CarShare Unit Dash
Penske Corporation announced that it is rolling out its new carsharing service in Washington, DC and Arlington, VA, this week. Penske...
Uber unveiled new app as ‘the operating system for your city life’
Uber is merging its ride-hailing and food delivery apps, adding a raft of new safety features, boosting alternate modes of travel like...
GreenGO to Launch E-CarSharing in Prague
Hungarian electric carsharing company GreenGo is set to expand abroad for the first time, setting up an operation in Prague. Three years...
Electric Car-Share Program Coming Soon to Rural Oregon
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...
Uber Second Quarter Investor Report
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...
Russian Carsharing Startup Delimobil Plan An IPO by 2020
Russian carsharing start-up Delimobil could hold an initial public offering (IPO) at the end of 2020 on the Moscow Exchange, Interfax...