car2go

Car2go, the flagship car-sharing service known for its zippy blue and white Smart cars, is closing down operations in five major North American cities. Members received notice of the closures in an email sent on September 27. Service in Austin, Calgary, Denver and Portland will end at midnight...

There’s a lot of intermarrying going on in the automotive space. Amid pressure to match pace with accelerating developments in autonomous driving and ride sharing, a few major players either confirmed or were rumored to be exploring partnerships this week. Finally In The Driver’s Seat...

Many were surprised to learn that automaker General Motors Company (NYSE: GM) had purchased failing ride-sharing service Sidecar Technologies shortly after making a $500 million investment in Uber rival Lyft. However, analysts say that GM's efforts to cement its place in the ever-expanding sharing...

This week, Daimler AG (OTC: DDAIF) Chief Executive Dieter Zetsche told Reuters that the luxury carmaker was aiming to take on Uber with a fleet of autonomous vehicles. Zetsche said the firm would target customers who are not interested in buying their own car, but still value premium transport...