Transportation services giant Penske Corp. is backing a new car-sharing service called Penske Dash that launched Tuesday in Washington, D.C. and Arlington, Va. The service is debuting at an awkward ti
SpotHero, the Chicago-based company that has developed an on-demand parking app, has raised $50 million in a Series D round led by Macquarie Capital. Union Grove Venture Partners participated in the r
By-the-minute car rental service Car2go is raising its rates for short trips under the guise of variable pricing, the company announced to its users today. As we've seen with other variably priced ser
We’ve reached a new milestone in the long road to getting AI-based self-driving systems to be truly autonomous. Daimler and Bosch have now received approval from German regulators to run their a
Making good on plans revealed last year to debut an EV-exclusive car sharing service, Volkswagen is actually launching its fleet for customers – debuting WeShare, a new shared service similar to Ca
Daimler is ending sales of its diminutive all-electric smart fortwo cars in the U.S. and Canada, officially pulling the plug on a vehicle that has struggled to gain ground in North America as the Germ
Car2go, the free-floating car-sharing service owned by Daimler, temporarily shut down its service in Chicago on Wednesday after dozens of Mercedes-Benz vehicles were stolen using the app. The Chicago
Another autonomous ride-hailing test project has popped up in the U.S. This time, Daimler and Bosch, one of the largest automotive tech and hardware suppliers in the world, are partnering to pilot a
Car2go, the free-floating car-sharing service owned by Daimler, launched in Chicago this week — the company’s 25th market globally. The car-sharing company, which lets customers rent out vehic
There’s a new unicorn in the global ride-hailing space after Taxify, a startup born in Estonia that does battle with Uber across Europe and Africa, closed $175 million in new funding that takes
It’s been hinted at, but Daimler and BMW are officially bringing together their mobility services business groups into one combined company, with a 50 percent stake owned by each automaker. That
German automaker Daimler has been steadily investing in a stream of new transportation services as it positions itself for the next generation of car ownership and travel. Today, it consolidated its p
While nearly every car-related company on the planet is integrating sensors and refining algorithms to create safer cars that eliminate human error, car2go is putting safety back into human hands. A p
With a new electric vehicle initiative, Uber is finally speaking Portland's language. The company shares a rocky history with the famously green city, but that won't stop Portland from becoming the fi
GM’s Maven car-sharing service has now launched in Atlanta, its 17th North American city, where it’ll offer a fleet of 50 cars spread across 20 pick-up locations. Maven launched in January
Car2go is making a significant change to its car-sharing operation in North America, which will see its fleet of short-term rental vehicles made up of mostly Mercedes-Benz vehicles by the end of this
Vulog is not a big name in the car sharing space, especially in the US, but the French company is hoping to change that at CES 2017. Alexandre Thibault, VP of business development, said it’s the
Cars are one of the top contributors to greenhouse gas emissions globally, and cars in cities can be especially heavy with their contributions, owing to traffic and population density. And while enco
Here’s the dirty little secret about the Internet of Things: The things might not work, and you might not use them. As a consumer, many of your gadgets will collect dust tucked away in a drawer. As
German company moovel, which owns ride-sharing service car2go, has acquired two new transportation companies to add to its portfolio and strengthen its existing services, the company has revealed. Tho
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