BMW, Daimler ride-hailing venture steps up Uber challenge
FreeNow, the ride-hailing venture owned by Daimler and BMW, expects to double revenue this year and next in a fresh challenge to Uber in...
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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...
Nissan to offer test drive program with car-sharing service Turo
Nissan is launching a pilot program with car-sharing service Turo to let consumers kick the tires and get to know its vehicles in more...
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...
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