Re:Toyota Investing $500M in Uber in Driverless Car Pact
by karthikb on Monday August 27, 2018 @04:13PM
(#17854093)
A huge fraction of cars driven by Uber drivers are made by Toyota. More often than not, you'll get picked up by a Prius, Corolla, or Camry. So to some extent, this is about maintaining market share.
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Re:Toyota Investing $500M in Uber in Driverless Car Pact
by MBCook on Monday August 27, 2018 @04:36PM
(#17854305)
Is it really larger than expected? Or could it simply be a reflection of how popular Toyota cars are in general?
Re:Toyota Investing $500M in Uber in Driverless Car Pact
by karthikb on Monday August 27, 2018 @04:47PM
(#17854393)
Toyota has an existing partnership with Uber for leases to drivers.
If Uber's thesis - that app-hailing will supplant car ownership - is correct, then car manufacturers have an incentive to either create their own hailing networks or partner with existing ones.