JarAutoNews

Cheap Rides Could Be Over



Cheap Rides Could Be Over!

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

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.”...


Uber

read more...

Menu

Other News

Junior's Auto Repairs

Ford 2020 Explorer

"The company thrives when we have fresh product, it is just as simple as that," Ford's president of global markets, Jim Farley, told CNBC after unveiling the new Explorer. "With this new line-up of utilities.......

read more..

Junior's Auto Repairs

Tesla Model 3 owner has chip to start car implanted in her body

So the car's RFID key card got her thinking, much as any of us would: Hey, why not put that thing in my other arm? They chip dogs, don't they?...

read more..

Junior's Auto Repairs

Kona

Control Kona from your favorite devices, or simply your voice. Available Blue Link® Connected Car Service complimentary for 3 years* Voice-activated search is just the beginning. Access remote lock, remote engine start with climate control, in-car maintenance scheduling, and more. It’s easy with Blue Link® Connected Car Service, in the car, on smartphone, smartwatch, Amazon Echo, and Google Home......

read more..

Image

Schedule Appointment Today!

Have your Vehicle Services or Repaired Today!