Plans to expand autonomous ride hailing to Austin, Texas in 2022. Argo AI, Lyft and Ford Motor Company are working together to commercialize autonomous ride hailing at scale. The unique collaboration brings together all of the parts necessary to create a viable autonomous ride hailing service, including the self-driving technology, vehicle fleet and transportation network […]
Agero Offers Insurers Ability to Add Ridesharing Option for Vehicle Owners After an Accident
Agero, the provider of driver assistance services, announced it has enhanced its digital accident claims management platform to include a new rideshare option for insurers interested in offering alternative transportation to policyholders involved in an accident. The new option, serviced by transportation network company Lyft, complements existing rental car provisions on many policies to improve […]
Getaround Selects Snapsheet Digital Claims Management Platform
Snapsheet announced the expansion of a long-term partnership with Getaround. The carsharing platform that empowers users to instantly access and drive cars nearby selected the Snapsheet Claims platform to digitize and automate its claims processes. The Snapsheet platform enables Getaround to expedite repairs and process claims, maximizing vehicle availability across its nationwide marketplace. Getaround, which […]
Most Americans Believe Vehicle Ownership Is Good Investment But New Transportation Options May Change Views
A new study from the Insurance Research Council (IRC) shows that motor vehicle ownership is considered a good investment by most adults, but that attitudes toward ownership are challenged by the availability of transportation alternatives such as Uber and Lyft. Two-thirds of all respondents surveyed for the study (66 percent) either strongly or somewhat agreed […]
BMW Group and Daimler AG Invest Over $1 Billion in Joint Mobility Company
The BMW Group and Daimler AG are pooling their mobility services to create a new global player providing sustainable urban mobility for customers. The two companies are investing more than €1 billion ($1.13 billion) in total to develop and more closely intermesh their offerings for car-sharing, ride-hailing, parking, charging and multimodal transport. The cooperation comprises […]
Daimler and BMW Joint Mobility Company to be Established Next Year
Joint effort has been approved by EU Antitrust Authorities. Awaiting US approval. Daimler AG’s planned joint mobility company with the BMW Group is now expected to be established at the beginning of next year. Following the approval of the effort by the EU Commission, the two partners are continuing talks with the US antitrust authorities. […]
Uber Launching Self-Driving Car Fleet in Pittsburgh
Though vehicles will have drivers monitoring the vehicles, residents of Pittsburgh, Pa. will be able to summon self-driving cars through the ride hailing service. Volvo Cars and Uber announce agreement to develop autonomous cars. According to a report in Bloomberg BusinessWeek, Uber will be bringing self-driving cars to Pittsburgh, Pa. this month. The vehicles, while […]
General Motors Invests $500 Million in Lyft
Vehicle manufacturer and ride-hailing service envision on-demand autonomous vehicles. General Motors (NYSE:GM) and Lyft, the ride-hailing service, today announced a long-term strategic alliance to create an integrated network of on-demand autonomous vehicles in the U.S. GM will invest $500 million in Lyft to help the company continue the rapid growth of its successful ridesharing service. […]