JarAutoNews

Cheap Rides Could Be Over



Cheap Rides Could Be Over!

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

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.”...


Uber

read more...

Menu

Other News

Junior's Auto Repairs

Tokyo drive-in haunted house

At the drive-in haunted house, guests are confined in a car so they can't escape the horror until the end," Iwana told AFP. "It makes it even more scary for them....

read more..

Junior's Auto Repairs

Auction of one-of-a-kind Porsche

But wait. The auctioneer stopped the bidding when he noticed the price on the screen was wrong. ...

read more..

Junior's Auto Repairs

Groupon | CyberMonday

Groupon | CyberMonday

read more..

Image

Schedule Appointment Today!

Have your Vehicle Services or Repaired Today!