Latest News: Technology |  Celebrity |  Movies |  Apple |  Cars |  Business |  Sports |  TV Shows |  Geek

Trending

Filed under: News | Cars & Vehicles

 

Uber Signs Deal to Offer Discount Rates on Cars

Uber has signed a deal with GM and Toyota, according to which it is to offer discount rates on cars to its customers. This move will put more drivers on the roads.

11 Updates
Uber Signs Deal to Offer Discount Rates on Cars
Image Credit: Uber
 
 

YouTube Videos Comments

Full Story

Uber Signs Deal to Offer Discount Rates on Cars

The car service Uber has been trying to add to its already expanding portfolio of drivers. And it also wants to do all it can for the pre-existing drivers that seek its services. In order to make this a possibility, it has hooked up with auto makers and financial institutions. It already operates in 22 countries. Now, some changes will occur in six of the high growth markets it functions in. 

Uber has over 50 markets on a worldwide level where drivers may order its cars with a quick click on their mobiles. The auto service has been recently facing hurdles in the way of fulfilling demand. The growth trends that are getting more and more difficult to manage are taking place in the already settled markets. 

Uber has tried to deal with this in the past through a number of strategies but to no avail. To get a greater number of cars on the highways, over $2.5 billion has to be invested in buying those extra vehicles. What Uber has done instead is that it has partnered with GM and Toyota not to mention certain auto financiers. By decreasing the entry cost for drivers the demands will hopefully be met. It is constant incoming profits that will ensure that financial companies keep up their support

Drivers may obtain cars now and they’ll save $100 to $200 on monthly installments to boot. Uber is about to try out its experiment in NYC, Boston, Philadelphia, Chicago, Dallas and San Francisco. Thousands of drivers will be signed up for this trial. 

Source: TechCrunch

 

iPad Air Giveaway. Win a free iPad Air.

You Might Also Like

Updates


Sponsored Update

Update: 11

EXCLUSIVE: Ride-sharing firms Uber and Lyft could face insurance regulations, Ohio Lt. Gov. says

Source: Cincinnati Business Courier

Lt. Gov. Mary Taylor, who also is director of the Ohio Department of Insurance, said today that she will huddle with other state insurance commissioners this weekend to discuss whether to regulate ride-sharing companies such as Uber and Lyft, which charge a fee and recently began operating in Cincinnati. “I think everybody is trying to understand how this needs to be regulated to protect consumers,” Taylor said during an exclusive int ...
Source: Cincinnati Business Courier   Full article at: Cincinnati Business Courier 6 days ago, 1:00pm CDT
 


Advertisement


Update: 10

FAA Bans Uber-Like Ridesharing Services For Planes

Source: The Daily Caller

Another setback for the sharing ...
Source: The Daily Caller   Full article at: The Daily Caller 6 days ago, 11:50am CDT
 

More From the Web

Update: 9

'Aaaah FFS, 'amazeballs' has made it into the OXFORD DICTIONARY'

Source: The Register Hardware

Plus: 'EE, how shocking, ANOTHER problem I face with your service' Quotw  This was the week when so-called “sharing economy” car firms – more accurately “slightly different ways to turn a profit” car firms – Uber and Lyft got into a bit of a barney. Lyft told CNN that Uber staff were pranking the company out of profits by ordering rides and then cancelling them, as well as ordering Lyft services for a sh ...
Source: The Register Hardware   Full article at: The Register Hardware 1 week ago, 4:26am CDT
 

Update: 7

Uber, AirBnB And Many Other Services Might Accept Bitcoin Soon

Source: Gizmodo

You might soon be able to pay for that Uber ride or that AirBnB reservation using bitcoin. The Wall Street Journal reports that eBay has been working to integrate bitcoin into its Brain ...
Source: Gizmodo  Full article at: Gizmodo 1 week ago, 10:54pm CDT
 

Update: 5

Uber UBER alle.. Ach nein! Berlin bans app on 'safety' grounds

Source: The Register Hardware

If we see you on the road - that's €25k Taxi service app Uber has been banned in Germany's capital city after Berlin’s government said it violated passenger safety regulations.… ...
Source: The Register Hardware   Full article at: The Register Hardware Aug 14 2014, 12:42pm CDT
 

Update: 4

Berlin bans Uber to protect passengers and its taxis

Source: Engadget

It's safe to say that Uber has become a victim of its own success, provoking the ire of the global taxi industry and also its fellow ridesharing competitors. While it's enjoyed some leniency in the US, E ...
Source: Engadget   Full article at: Engadget Aug 14 2014, 11:21am CDT
 

Update: 3

Uber vs. Lyft: The Sideshow Gets Attention While The Main Event Picks Up Steam

Source: Forbes Real Time

Lyft's accusations that Uber personnel have been ordering and canceling rides started a war of words between the two companies. But the battle on the streets is being fought over driver ...
Source: Forbes Real Time   Full article at: Forbes Real Time Aug 14 2014, 2:35am CDT
 

Update: 2

Uber makes it easier for riders, drivers to get to their destination

Source: Engadget

Even though Uber is in the middle of a ridesharing battle against competitor Lyft, that's not stopping the company from focusing to make its product better. With this in mind, Uber just announced a couple of new featur ...
Source: Engadget   Full article at: Engadget Aug 13 2014, 2:03pm CDT
 

Update: 1

Uber Pushes Back Against Lyft’s Criticism With More Accusations

Source: The Daily Caller

Ride-sharing apps continue to hurl accusations of ...
Source: The Daily Caller   Full article at: The Daily Caller Aug 13 2014, 1:30pm CDT
 

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/20" rel="author">Sumayah Aamir</a>
Sumayah Aamir (Google+) has deep experience in analyzing the latest trends.

 

 

Comments

blog comments powered by Disqus

Latest stories

Kelly Ripa takes on the ALS Ice Bucket Challenge with Hubby
Kelly Ripa takes on the ALS Ice Bucket Challenge with Hubby
Kelly Ripa and her hubby, Mark Consuelos, took on the ALS Ice Bucket Challenge. She also nominated her three children as the next participators in the awareness raiser.
 
 
Apple iPhone 6 Display Delay creates New Hurdles
Apple iPhone 6 Display Delay creates New Hurdles
Display screen delay and related problems in the Apple iPhone 6 has created new hurdles for the suppliers of the company.
 
 
Iggy Azalea is an Asset for the Regular Music Circuit
Iggy Azalea is an Asset for the Regular Music Circuit
The Aussie, Iggy Azalea has become an asset for the regular music circuit. She will furthermore be a headliner for the SLS party which is to take place in Las Vegas, Nevada.
 
 
Lauryn Hill dedicates her Song Black Rage to Ferguson Citizens
Lauryn Hill dedicates her Song Black Rage to Ferguson Citizens
The Fugees singer, Lauryn Hill has dedicated her song Black Rage to the citizens of Ferguson, Missouri.
 
 
 

About the Geek Mind

The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.

The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.

Read more about The Geek Mind.