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February 28, 2017

   One of the mysteries surrounding Uber is the question of why the company has not yet filed to go public. The app's revenues are known to be growing aggressively as it launches services in new countries and new cities. But, repeatedly, leaks of Uber's financial data...

February 27, 2017

Peugeot finally returns to America in April... as a car-sharing service

PSA takes a low-key approach to its US return by investing in TravelCar.

Peugeot-Citroen parent PSA Group hasn't officially operated in the US in more than two decades, so let's just say its reentry...

February 27, 2017

In just a few years, the ridesharing companies Uber and Lyft have become important and cost-saving additions to Americans’ transportation options. Predictions that Uber would become a monopoly have been proven wrong as its main rival Lyft continues growing at an impres...

February 24, 2017

German automaker Audi is teaming up with Indian self-drive car rental company Zoomcar to rethink urban mobility.

Consumers will now be able to book an Audi Q3 through Zoomcar’s mobile application and Web site, which offers hourly, daily, weekly and monthly reservations....

February 24, 2017

Google is expanding its presence in the ride-sharing market.

The tech giant is expanding the service to its Waze navigation app in "several" cities across the United States and in Latin America over the next few months, the Wall Street Journal reports. The decision to e...

February 23, 2017

(Bloomberg) -- BMW AG will use chips and cameras made by Mobileye NV to collect mapping data for autonomous driving in its vehicles starting in 2018, the two companies said in a statement.

The German carmaker will also allow data to be merged with information collected...

February 23, 2017

Owning a car, while still attractive for many reasons, may not be nearly as much fun as it once was — especially in densely populated urban corridors. “For most of the population in large cities, it doesn’t make sense to own a car,” said Sam Abuelsamid, a senior resear...

February 22, 2017

Cars have been at the heart of American culture for more than a century. Until recently, getting a license and buying a car were considered rites of passage, and the car you chose was widely regarded as an expression of your identity, reflecting your priorities and rev...

February 22, 2017

Hyundai Motor Co., South Korea’s largest automaker, will start to offer a car-sharing service with only electric vehicles (EV) in April in hopes that the new service would boost EV use in the country.

Hyundai Motor and Hyundai Capital Services Inc., the auto financing...

February 21, 2017

Car-sharing services provided by companies such as Gofun Chuxing launched by Beijing Shouqi Group and Car2go under the automotive giant Daimler AG, are gaining popularity among young people in mega cities such as Beijing and Shanghai. Beijing News commented on Monday:

T...

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