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Daimler Mobility Platforms Reach 26 Million Users, Amid Global Expansion

Daimler AG’s mobile platforms have notched 64% growth in users this year. Through September, more than 26 million customers have used Daimler mobile ride-hailing and car rental services like car2go, mytaxi, and moovel, the OEM announced today. Newly released usage numbers coincide with the announcement that the German company will change its name to Daimler […]

Uber and Lyft IPO Likely to Boost Subscription Services

With ridesharing giants Uber and Lyft establishing details of their plans for public offerings, companies that offer subscription services will likely see a boost, Mike Furnari, chief business development officer for HyreCar, told Auto Finance News. With Uber valued at $120 billion in an IPO, the ridesharing company is more prominent than some major OEMs, […]

Chinese Mobility Platform DiDi Invests $1B in Financial Services

China’s growing mobility solutions provider DiDi Chuxing announced earlier this month a $1 billion investment in Xiaoju Automotive Solutions, which provides financial loan and lease products for DiDi’s ride-hailing drivers. Xiaoju was incubated by DiDi starting in 2015 and the mobility solutions provider began using it on a trial basis in April to facilitate loans, […]