Hertz Downsizes Rental Fleet, but Upsizes Rideshare

  • Emma Sandler
  • August 9, 2017
Hertz Global Holdings Inc. reduced its total average fleet by 1% year over year, but increased the number of vehicles dedicated to its ride-hailing fleet in the second quarter, the company reported in its earnings call last week. Last Updated: 9th August, 2017, 11:21 AM

Uber Weighs Options for Xchange Leasing, Including Sell-Off

  • Emma Sandler
  • August 9, 2017
Uber Technologies Inc. is considering selling or consolidating its leasing program — Xchange Leasing — which provides subprime car leases to Uber drivers, a source familiar with the program told Auto Finance News. Last Updated: 9th August, 2017, 9:41 AM

Kango Partners With Chrysler for Rideshare Leasing

  • Emma Sandler
  • August 8, 2017
Kango — an app-based, on-demand ride service for kids — has partnered with the Chrysler brand to allow drivers to lease Chrysler Pacifica Hybrid minivans for use in the rideshare. Last Updated: 8th August, 2017, 11:07 AM

How Cortica is Teaching Autonomous Vehicles [VIDEO]

  • Emma Sandler
  • August 4, 2017
It appears artificial intelligence is getting the Montessori treatment when it comes to self-learning. Cortica, an international AI startup, is implementing unsupervised learning that allows an autonomous system to process data and figure out its environment. For perspective, supervised machine learning is when the AI is given a set of examples and a set of parameters […]
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