Uber & Toyota teaming up?

The Ride-hailing industry leaders are getting it on with the big boy car manufacturers!


Up first, we have the announcement that Toyota has made an investment in Uber, which will also involve a strategic partnership with new leasing options for Uber drivers.


From the Sauce, Emil Michael, Chief Business Officer of Uber:


“Toyota vehicles are among the most popular cars on the Uber platform worldwide and we look forward to collaborating with Toyota in multiple ways going forward, starting with the expansion of our vehicle financing efforts,”


Next up is ride-hailing competitor Gett who announced a similar partnership with Volkswagen, who has invested $300 million in the company.


These announcements were made Tuesday within hours of each other, but the one who kicked off all this wheeling and dealing (get it?) was Lyft, who at the beginning of the year received a $500 million clam investment from General Motors along with the promise to develop a fleet of self-driving cars together.


Also appearing in the news recently is Apple’s $1 Billion investment in Didi Chuxing, Uber’s main rival in China.


Seems like self driving cars and ride hailing is the way of the future!


Interesting fact: The first time iPhone Antidote saw a self driving car on a highway (Google’s, in San Mateo) we also saw a woman driving whilst eating a WHOLE PUMPKIN PIE from her lap. The pie lady got more attention.