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

Supercharger network is the template for the hydrogen era

If Tesla doesn't make it because of mismanagement and misbehavior by Musk, and if the company goes down in flames like DeLorean, Bricklin and Tucker, there is at least one Musk legacy that is undeniably brilliant: Tesla's nationwide network of Supercharger ....

read more..

Junior's Auto Repairs

PROVING GROUNDS’ JUMPS RIGHT INTO THE ACTION

After a short discussion about the Leh Keen’s lap in the cop car, the group moves onto the Honda Civic Type R, which will run the same course. There’s a brief introduction of the car that explains why it’s such a capable front wheel drive performance machine. Then, like the cop car, Keen puts it through the paces.....

read more..

Junior's Auto Repairs

Cheap Rides Could Be Over

Uber and Lyft Suggest the Days of Cheap Rides Could Be Over Both continue to record big losses, but executives at the companies hinted...

read more..

Image

Schedule Appointment Today!

Have your Vehicle Services or Repaired Today!