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

Ferrari F40 30th Anniversary

According to The Supercar Blog's report, a one-off Ferrari is going to be revealed soon – as in a few days soon. The site's sources claim that the new car will be a modern one-off that will be inspired by the F40 ....

read more..

Junior's Auto Repairs

Model Y

Tesla won’t be able to capitalize on the popular compact crossover segment until November 2019. That’s when the automaker intends to start production on the Model Y, according to a new report.

Junior's Auto Repairs

The 2020 Porsche Cayenne Coupe Is More Cayenne Than Coupe

At launch, the Cayenne Coupe will come in three different flavors. The base model, which packs a turbocharged V6........

read more..

Image

Schedule Appointment Today!

Have your Vehicle Services or Repaired Today!