GBTA Forecasts Strong Global Business Travel Spend
Spending is estimated to advance another 7.1% in 2018 and will expand to $1.7 trillion total by 2022.
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
Photo via Wikimedia Commons user Bevopt
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
Photo via Wikimedia Commons user Karhoo
LCT Articles:
Related Topics: apps, business deals, Karhoo, mergers & acquisitions, mobile applications, Nissan, on-demand service, startup, taxis
Spending is estimated to advance another 7.1% in 2018 and will expand to $1.7 trillion total by 2022.
Industry leader Scott Solombrino calls the measure ‘crazy’ and a ‘crisis’ for luxury transportation operators.
The event provides a wide platform for the industry to promote its safety, comfort, and convenience advantages.
LMCPays will be the newest agent office for the major industry credit card processor.
AUG. LCT: A panel of operators learned all about handling operations during extreme natural events.
AUG. LCT: Here’s how to ease one of the most difficult transitions your operations may ever have to make.
AUG. LCT: The top operators in the luxury transportation industry who attended this year’s exclusive annual executive conference offer some best practices that can work in your operation.
A package of bills passed Aug. 8 will shake up for-hire transportation in New York City.
AUG. LCT Cover: Two-time Operator of the Year Award winner Harry Dhillon grows revenues by taking some risks.
eNews Exclusive: Johnny McBride would have never been exposed to the idea of a luxury transportation company if he hadn’t gotten his start as a part-time driver.
AUG. LCT: You find a way to be good all of the time instead of perfect some of the time.
Here are 13 steps you should follow after one of your cars is involved in a collision.
The city plans to enforce a limit on the number of private ground transportation vehicles allowed.
AUG. LCT: After April 1, 2018, drivers found out of compliance with electronic logging devices could be ordered out of service. Is your service at risk?
AUG. LCT: Affluent buyers are more likely to want an experience and a feeling, along with safety and convenience.
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Art Rento Sr., Chicago Operator, D-Day Survivor, 1923-2018
