Online used car startup Shift raises $140 million

Shift Technologies, an online marketplace for used cars, has closed a Series D financing round of more than $140 million in equity and debt. The round, which consists of about $70 million in debt and

Full autonomy is years away, but here’s what’s next on autonomy’s wild ride

There are three exciting developments that I do expect to transpire within the next 12-18 months.The first major rollouts of autonomous fleets; the development of new mapping and LIDAR technology; and

Honda partners with new DRIVE smart mobility startup hub in Tel Aviv

Honda is extending its courtship of startups through its Xcelerator program with a new partnership announced Wednesday with DRIVE, a new startup hub in Tel Aviv, Israel that focuses specifically on sm

P2P car marketplace Shift pauses DC operations, lays off 10% of staff

After Beepi shut down its service and transferred its operations to stealth Fair.com, its closest competitor Shift is facing some downsizing, too — a measure of the challenges of the peer-to-p

On-demand valet service Luxe confirms $50m investment from Hertz

As reported by TechCrunch in February, valet service Luxe has now confirmed that it has raised $50 million in Series B funding from car rental company Hertz. Redpoint Ventures and Venrock will also be

Luxe Could Be Getting $50M From Hertz At $110M Pre-Money Valuation

Luxe is in talks with a strategic investor that will infuse the company with “tens of millions” in new financing from Hertz, our sources tell us. One source tells us that the round could

Lyft Announces ‘Instant’ Driver Payments Alongside Hertz And Shell Partnerships

Hundreds of Lyft’s top drivers and a couple dozen press crowded into Lyft headquarters today to hear the peer-to-peer ridesharing network rolled out a bunch of announcements meant to make life

ShopKeep Buys Payment Revolution, Adds Payment Processing To Its Point Of Sale Solution

ShopKeep — the NYC-based mobile payments startup founded by a Brooklyn wine shop owner to help other merchants improve their services with iPad-based payment apps and analytics — is grow

Hertz Spending Estimated $10 Million On Solar Rooftops In U.S. This Year

<img src="http://www.crunchbase.com/assets/images/resized/0010/2146/102146v2-max-250x250.jpg" class="shot2"></img> Rental car stalwarts, <a href="http://www.hertz.com/">The Hertz Corporation</a> (Hert

Hertz Announces Investment In Solar Systems At Rental Car Facilities

<img src="http://www.crunchgear.com/wp-content/uploads/2011/02/mitsubishi-i-miev1.jpg" /><a href="http://www.crunchgear.com/tag/hertz">Hertz</a> has been making some green moves lately by renting out

Valentine’s Giveaway: New York Readers, Win An Electric Car Love Date From Hertz

Not to be outdone by Zipcar, Hertz recently launched Connect by Hertz, a car sharing service. In order to stay hip, they’ve started renting out electric cars like the wee Smart fourtwo and they

Hertz To Offer Electric Vehicles By The Hour

<img src="http://tctechcrunch.files.wordpress.com/2010/12/hertz-connectby-logo.png" class="shot2"></img> <a href="http://www.hertz.com/">Hertz Rent A Car</a> is set to offer electric vehicles at an ho

Hertz Will Offer Electric Vehicles. Most Likely At A Premium.

<img src="http://www.crunchgear.com/wp-content/uploads/2010/09/mitsubishi-i-miev1.jpg" />Want to drive the <a href="http://www.crunchgear.com/2010/09/09/the-chevy-volt-saved-gm/">Volt</a> or <a href="