Uber and Lyft Suggest the Days of Cheap Rides Could Be Over Both continue to record big losses.
Lyft officials told investors they had raised prices on routes in some cities in June and touted the company’s upcoming pricing algorithms, which they hinted might be able to more precisely predict what riders might be willing to pay for a ride. 
Lyft said those pricing changes would boost revenue per rider by next quarter. Uber CEO Dara Khosrowshahi said that his company’s rivalry with the other big San Francisco–based ride-hailing company had cooled—for now. “We and Lyft are big-time competitors here and have been for some period of time, but for now we’re seeing, generally, category positions that are stable,” he told investors Thursday. “We are focused on improving profitability in this market.”...
Filed under: Ford,Automotive History,SUV,Classics
Continue reading Junkyard Gem: 1983 Ford Bronco
Junkyard Gem: 1983 Ford Bronco originally appeared on Autoblog on Thu, 6 Jun 2024 17:45:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | Comments
The issue will not end any time soon as automakers will add close to 10 million additional inflators to the record-setting recalls in January, according to the report from monitor John Buretta. More than 290 injuries worldwide have been linked to Takata inflators that can explode, spraying metal shrapnel inside cars and trucks.....
General Motors has officially agreed to sell its Opel and Vauxhall brands to the PSA Group as the Detroit automaker attempts to stanch more than a decade of staggering losses in Europe.
The update also gives users a pair of Porsches. Just for downloading the update, you’ll receive a 1971 Porsche #23 917/20 and a 2019 Porsche 911 GT3 RS. The free Porsches are....
