GM Continues to Speed Ahead of Ford, Despite CEO Shift

  • Natalie Mattila
  • May 26, 2017
General Motors Co. is leading the pack in mobility, even ahead of Ford Motor Co., thanks to its Maven program, 10% investment in Lyft, and rising popularity of the Chevrolet Bolt EV, Mobility Finance has learned. “I would say GM is ahead of Ford,” an unnamed source told Mobility Finance. “I am not sure if […]

RideAustin Explores Driver Incentives With OEMs

  • Emma Sandler
  • May 25, 2017
RideAustin is currently in discussions with OEMs to provide “innovative programs” for drivers — which might include a leasing program similar to Uber’s Xchange Leasing or other driver incentives, Mobility Finance has learned. Founded after Uber and Lyft left Austin, Texas, last year — in protest of the city’s rule that drivers need to be fingerprinted by a […]

4 Companies Using Off-Lease Vehicles for Mobility Services

  • Emma Sandler
  • May 23, 2017
Off-lease vehicles have been climbing in recent years, causing a downward pressure on used pricing. However, this influx of off-lease vehicles provides a new opportunity for mobility-as-a-service providers. The rising popularity of leasing has resulted in a higher-than-average inventory of used vehicles returning back to car lots. Data also shows that as residual values drop, MSRPs have continued […]

Ford Pivots to Focus on Mobility After Replacing CEO

  • Emma Sandler
  • May 22, 2017
Ford Motor Co., following pressure from shareholders over sagging stock prices, named Jim Hackett as its new CEO, replacing Mark Fields. Hackett, former CEO of Steelcase, recently served as chairman of Ford Smart Mobility, a subsidiary created last year to handle the automaker’s investments in autonomous vehicles and new mobility services. Fields had been investing […]

HyreCar Partners With Lyft to Offer Rideshare Rentals

  • Emma Sandler
  • May 18, 2017
HyreCar, a peer-to-peer carsharing marketplace that allows car owners to rent their vehicles to rideshare drivers, has begun allowing Lyft drivers in Los Angeles to sign up directly as Lyft drivers on its web platform. Previously, HyreCar only offered the ability to rent a vehicle to use for Lyft if a person was already signed […]
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