Uber and Lyft Suggest the Days of Cheap Rides Could Be Over Both continue to record big losses.
Lyft officials told investors they had raised prices on routes in some cities in June and touted the company’s upcoming pricing algorithms, which they hinted might be able to more precisely predict what riders might be willing to pay for a ride. 
Lyft said those pricing changes would boost revenue per rider by next quarter. Uber CEO Dara Khosrowshahi said that his company’s rivalry with the other big San Francisco–based ride-hailing company had cooled—for now. “We and Lyft are big-time competitors here and have been for some period of time, but for now we’re seeing, generally, category positions that are stable,” he told investors Thursday. “We are focused on improving profitability in this market.”...
Filed under: Mercedes-Benz,Automotive History,Diesel Vehicles,Classics,Sedan
Continue reading Junkyard Gem: 1975 Mercedes-Benz 240 D
Junkyard Gem: 1975 Mercedes-Benz 240 D originally appeared on Autoblog on Sat, 8 Jun 2024 13:00:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | Comments
Though the Crewe factory employs just one robot—a rather disappointing rig that applies adhesive to windshields—it has automated sleds shuffling assemblies down the...
The couple from Meningie, which is around 100 miles south of Adelaide (which is about eight hours north of Melbourne), thought it would be a good idea to slap some special tires on their Ford Falcon to illustrate the upcoming child’s gender. While this seems like a fairly standard way to handle a gender reveal, the car’s tires burst into flame during the burnout........
Both outlets report that the new M3 will come with more than 510 horsepower, thanks to a slightly uprated version of the "S58" 3.0-liter twin-turbocharged inline-six found in the latest X3 M and X3 M Competition models...
