The losses at Uber are mounting, but the ride-hailing heavyweight now predicts it will be profitable in about two years. CEO Dara Khosrowshahi said Monday that the company's goal is to reach profitability — when adjusted for interest, taxes, depreciation...

Maven, General Motors' car-sharing service, is being shut down in about half of the 17 North American markets it operates. The company wouldn't say Tuesday where Maven will continue to operate, but it confirmed that it's pulling out of New...

Automakers Daimler and BMW say that trustworthy handling of personal data will be a key competitive advantage in their new joint venture that offers app-based services like free-floating car-sharing in big cities. The two competitors for luxury car customers said...

General Motors' Maven car-share will make a big change next year. The brand's Peer Cars service let users share non-GM vehicles, Automotive News (subscription required) reported on Monday. The move could be a step toward Maven allowing users to rent...

On Nov. 6, Lyft will make it easier for individuals to hitch a ride to their local voting precinct. The ride-sharing service will offer half-off rides for any individual across the U. S. as part of its "Ride to Vote"...

Japan's No. 1 automaker Toyota Motor and technology giant SoftBank Group are setting up a joint venture to create mobility services in what they called a "united Japan" effort to face global competition. The 2 billion yen ($20 million) venture,...