Lyft hires investment banker Qatalyst to explore options, report saysMon, 27, Jun 2016
Lyft, the U.S. ride-hailing startup with ties to General Motors, is working with Qatalyst Partners to explore deal options, a person familiar with the matter told Bloomberg.
Toyota's new spirit of cooperationSat, 18, Jun 2016
Toyota has left a trail of failed partnerships, from its fling with Tesla Motors to its hybrid-truck venture with Ford. But is Toyota really that hard to get along with?
Uber, seeking to boost capital, plans to raise up to $2 billion, report saysWed, 15, Jun 2016
Ride-hailing company Uber is seeking to raise $1 billion to $2 billion in a leveraged loan, a person familiar with the matter told Bloomberg.
Is Ford moving on mobility?Mon, 13, Jun 2016
As automakers align themselves with partners from Silicon Valley, Ford has been conspicuously quiet. What is Ford up to?
Zetsche, Uber CEO illustrate wary courtship during tech eventThu, 09, Jun 2016
A promised showdown between the CEOs of Daimler AG and ride-sharing firm Uber, Silicon Valley's most valuable private company, turned into more of a wary courtship when the two met publicly on Wednesday.
FCA said to be in talks with Uber as Marchionne seeks tech venturesWed, 08, Jun 2016
Fiat Chrysler has started discussions on a self-driving partnership with Uber, Bloomberg reported. FCA is seeking to cooperate with tech firms and last month agreed to develop driverless cars with Google.
Barra says 'undervalued' GM can sustain profit long termTue, 07, Jun 2016
GM CEO Mary Barra made the case in an interview with Bloomberg Television that GM can handle a downturn and sustain profits if the economy slumps in the next few years. The company also is making investments in ride sharing and self-driving cars to ensure its long-term future.
VW looks for more revenue from ride-hailing apps, mobility servicesWed, 01, Jun 2016
Volkswagen is looking at on-demand mobility services such as smartphone ride hailing to earn a "notable share" of future revenues as the carmaker pushes a strategic shift in the wake of its emissions scandal, its top executive said.
More carmakers race into ride-sharingMon, 30, May 2016
Automakers are staking their claims in the ride-sharing world -- and fast. Last week, Toyota invested in ride-share giant Uber, Volkswagen Group in Gett, a ride-hailing company popular in Europe, and BMW in the company behind a carpooling app. General Motors invested in Uber rival Lyft in January.