Daimler, BMW Agree To Combine Ride-Sharing Businesses (3-28-18)

That’s what the BMW Group and Daimler AG set out to do today, entering a new phase of collaboration, this time by joining forces in the field of mobility services, as previously rumored.

BMW and Daimler AG, the owner of Mercedes-Benz, said they will continue to compete in their core business of building and selling vehicles.

European auto giants Daimler and BMW, whose car-sharing services compete in Seattle and other USA cities, have agreed to combine their “mobility services business units,” in a bid to dominate the new market of app-based shared transportation options.

The idea is to create a single digital ecosystem that customers can use to hail a taxi, rent a vehicle for short stints, or find and pay for parking. The company declined to comment further on the news and noted that customers won’t see any changes until the deal gets the sign-off from regulators. The two companies will not merge their respective autonomous vehicle development programs.

Read Full Story Here (via Newburgh Gazette)

Bowser Proposes Tax Increases, Including On Lyft And Uber Rides, To Pay For Metro (3-21-18)

Mayor Muriel E. Bowser (D) delivers her State of District Address at the University of District of Columbia in on March 15, 2018. (Photo by Marvin Joseph/The Washington Post)

The District would raise taxes on sales, commercial property and ride-hailing services such as Lyft and Uber to increase funding for Metro under the 2019 budget Mayor Muriel E. Bowser (D) proposed Wednesday.

Bowser’s plan, which must be approved by the D.C. Council, spells out for the first time how the city would pay for the District’s $178.5 million share of a regional strategy to improve the transit system.

Her proposed $14.5 billion budget for the fiscal year that starts Oct. 1 increases per-pupil funding by 3.91 percent, a source of contention last year and higher than what some education advocates expected.

Bower’s spending plan also includes $100 million for a trust fund for affordable housing — as she has proposed annually since taking office — as well as $300 million in starting costs for a new hospital east of the Anacostia River and $860,000 for publicly financed campaigns approved by the council but initially opposed by Bowser.

The mayor presented the budget in a briefing with the D.C. Council, which will hold public hearings and vote on the spending plan before June. The first formal hearing is scheduled for Friday.

Read Full Story Here (via The Washington Post)