Daimler Financial Continues Mobility Expansion With Turo Investment

  • Emma Sandler
  • September 7, 2017
Fresh off the announcement Tuesday that Daimler Financial Services — which operates Daimler AG’s mobility unit — is forming a joint venture with Via, the captive is now investing in carshare startup Turo. Turo raised $92 million in Series D funding with Daimler and SK Holdings — one of South Korea’s largest conglomerates — leading the round. The $92 million Series D funding brings […]

Toyota Financial Collaborates With Ride-Hail Service Grab

  • Emma Sandler
  • August 30, 2017
Toyota Financial Services — along with Toyota Motor Corp. and Aioi Nissay Dowa Insurance Co. — are forming a collaboration with Southeast Asia ride-hailing giant, Grab, the companies announced today. Last Updated: 30th August, 2017, 12:08 PM

New Uber CEO Faces Task of What to Do With Leasing Unit

  • Emma Sandler
  • August 28, 2017
Uber has chosen Dara Khosrowshahi to serve as its chief executive, according to numerous sources, capping off many months of scandals and struggles within the rideshare company. Uber is expected to make a formal announcement by today. Last Updated: 28th August, 2017, 11:00 AM

Maven Might Expand Dealership Pilot Program

  • Emma Sandler
  • August 22, 2017
Maven, the mobility unit owned and operated by General Motors Co., may be looking into expanding its dealership pilot program, in addition to recent reports that it is considering a rideshare service. Last Updated: 22nd August, 2017, 11:05 AM
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