Small Businesses In Limbo As They Await Financial Help
Industry leader and California operator Maurice Brewster contributes insights to a Wall Street Journal article.
Renault Saw 'Sudden Opportunity' To Acquire Failed London Taxi Startup Karhoo: Renault's financial services division, the automotive giant paid an undisclosed fee — believed to be in the region of $16 million — for the assets of Karhoo, which went into administration last November, according to an announcement on the website of RCI Bank and Services, . Business Insider article here
Karhoo Rides Again — Nissan/Renault Buys Failed On-Demand Ride Startup: The app will be relaunched by Boris Pilichowski and Nicolas Andine as co-CEOs, with full financial backing from RCI Bank and Services, the financial services division of the car giant Renault. Pilichowski and Andine had been running Karhoo just before it went bankrupt, taking over from founder Daniel Ishag. Tech Crunch article here
Troubled Ride-Hailing Startup Karhoo Bought by Renault Unit: RCI Banque SA, an automotive finance group owned by Renault, said it beat out 40 bidders for Karhoo and will revive the service, a smartphone app for comparing prices from various non-Uber taxi services. Bloomberg Technology article here
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Related Topics: apps, business deals, Karhoo, mergers & acquisitions, mobile applications, Nissan, on-demand service, startup, taxis
Industry leader and California operator Maurice Brewster contributes insights to a Wall Street Journal article.
Operators should be trying every available option now that the federal stimulus bill will be going into effect.
North Carolina’s H.A. Thompson who retired from his company last year at age 85 reminds industry fleet owners of time-tested strategies.
eNews Exclusive: The team at M&M Limousine and Bus Service has figured out a great way to bring families together during a rough time.
A panel of industry veterans provided their best tips for handling tough issues that affect client retention.
Tim Pettit has had many careers and uses what he’s learned to run a better business, especially during tough times.
Tammy Carlisle has gone over her finances with a fine-tooth comb and discovered ways to save she would have otherwise never thought of.
The Minority Limousine Operators of America association offers some real-time practical advice on handling the obstacles and frustrations operators are encountering.
The Canada-based manufacturer says thousands more workers will be affected by a two-week idle period.
This GGTI site is available for ground transportation workers losing their jobs and for companies that will need to fill positions when the pandemic passes.
Global Business Travel Association members are either overly confident about when normality will resume, or underestimate the seriousness of the COVID-19 crisis.
COVID-19 Coping: This idea will work in any town or area that needs safe, clean, convenient delivery service or point-to-point rides.
eNews Exclusive: Steve Qua and Nina Parson of Company Car and Limousine have devised a plan to help get members of the industry moving again.
Private charter FBO-based jet services and secluded wellness retreats are catering to a pandemic-driven luxury travel market. Who can drive clients to those destinations?
Operators and vendors can benefit from listening to leaders with long-range perspective.
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