. 24/7 Space News .
CAR TECH
Volkswagen, Toyota buy into ridesharing
by Staff Writers
San Francisco (AFP) May 24, 2016


Toyota and Volkswagen announced separate partnerships Tuesday with rideshare companies Uber and Gett, in the latest such moves by major carmakers.

Japan's Toyota and ridesharing titan Uber said they had entered into a memorandum of understanding to explore collaboration, starting with trials in countries where ridesharing is expanding.

"Through this collaboration with Uber, we would like to explore new ways of delivering secure, convenient and attractive mobility services to customers," Shigeki Tomoyama, senior managing officer of Toyota Motor Corporation, said in a joint statement.

The deal includes a strategic investment by the Toyota Financial Services Corporation and its Mirai Creation Investment Limited Partnership, although no figure was disclosed.

The partnership will create new leasing options enabling car buyers to lease their vehicles from Toyota Financial Services and cover their payments with what they make as Uber drivers.

Toyota and Uber are also exploring collaboration on developing in-car apps and setting up a program to sell Toyota and Lexus vehicles to Uber.

"Toyota vehicles are among the most popular cars on the Uber platform worldwide and we look forward to collaborating with Toyota in multiple ways going forward," said Emil Michael, Uber's chief business officer.

Separately, German auto giant Volkswagen said it had made a $300 million strategic investment in Uber competitor Gett, which has a presence in more than 60 countries worldwide including London, Moscow and New York.

"The ride-hailing market represents the greatest market potential in on-demand mobility, while creating the technological platform for developing tomorrow's mobility business models," it said in a statement.

Shahar Waiser, Gett's chief executive and founder, said the company "provides VW with the technology to expand beyond car ownership to on-demand mobility for consumers and businesses."

Toyota and Volkswagen are not the first carmakers to link up with rideshare apps.

In March, General Motors and Lyft unveiled a joint car rental service for drivers, a move aimed at boosting the number of vehicles available for the Uber rival.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Car Technology at SpaceMart.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
CAR TECH
Google patent glues pedestrians to self-driving cars
San Francisco (AFP) May 19, 2016
Google on Thursday had a fresh US patent for a sticky coating that could be applied to self-driving cars so pedestrians stick instead of bouncing off when hit. The patent describes a layer of adhesive on a car's hood, front bumper and possibly front side panels sealed with a coating that, when broken, would bare a gluey surface akin to fly paper modified to catch humans. "Upon impact wit ... read more


CAR TECH
NASA research gives new insights into how the Moon got inked

First rocket made ready for launch at Vostochny spaceport

Supernova iron found on the moon

Russia to shift all Lunar launches to Vostochny Cosmodrome

CAR TECH
Ancient tsunami evidence on Mars reveals life potential

Hubble Takes Mars Portrait Near Close Approach

Mars - Closest, Biggest and Brightest in a Decade

Mars Rover Scientist Hopes to Find More Evidence of Liquid Water on the Red Planet

CAR TECH
Space travel now in a parachute soon available

Airbus Defence and Space starts Orion service module assembly

Interns Make Archived NASA Planetary Science Data More Accessible

Out of this world: 'Moon and Mars veggies' grow in Dutch greenhouse

CAR TECH
China, U.S. hold first dialogue on outer space safety

Long March-7 rocket delivered to launch site

China's space technology extraordinary, impressive says Euro Space Center director

China can meet Chile's satellite needs: ambassador

CAR TECH
Alexander Gerst to be Space Station commander

ISS completes 100,000th orbit of Earth: mission control

Canadian astronaut to join ISS in 2018

NASA, Space Station partners announce future mission crew members

CAR TECH
Fregat is fueled in Arianespace's FCube facility for Soyuz Flight VS15

Pre-launch processing is underway with Indonesia's BRIsat for the next Arianespace heavy-lift flight

Russia Spent $1.3Bln on Vostochny Cosmodrome So Far

New Antares Rocket Rolls Out at NASA Wallops

CAR TECH
Kepler-223 System Offers Clues to Planetary Migration

Star Has Four Mini-Neptunes Orbiting in Lock Step

Exoplanets' Orbits Point to Planetary Migration

Synchronized planets reveal clues to planet formation

CAR TECH
How the giant magnetoelectric effect occurs in bismuth ferrite

Rice de-icer gains anti-icing properties

Combining nanotextures with Leidenfrost effect for water repellency

Dynamic dazzle distorts speed









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.