GM Diversifies into Car-sharing

Maven, a new car-sharing service by GM

General Motors announced a car-sharing service called Maven on Jan 21, 2016. Initially it will be available in Ann Arbor, MI with additional cities to be added later.

Maven, a new car-sharing service by GM… Read the rest →

UberX lowers fares 20%

$5:  The new minimum fare on UberX

$5: The new minimum fare on UberX

UberX annouced today that it will lower fares by 20%:

The new fares are:

$3 Base
$1.50/mile
$0.30/minute

with a $5 minimum fare.

This compares favorably to San … Read the rest →

A new model for bikesharing

bitlock

San Francisco recently launched the Bay Area Bike Share system, which closely followed launches of large bike sharing systems in Chicago and New York. Bike sharing systems are growing in popularity quickly: as of May … Read the rest →