Transportinfo.org.uk - today's transport news in the uk, hand picked for you each morning

Thursday, 05 October 2017

BBC News

• Uber clears way for huge Softbank investmentThe Japanese technology giant could pour up to $1.25bn into the ride-sharing firm, reports suggest.
• Ford to move away from traditional carsThe US firm says it will shift towards SUVs and trucks, while investing in electric power and tech.
• Car finance not a cause for concern 'per se' says regulatorThe UK's financial watchdog says there is a change in consumer attitudes to ownership.

Financial Times

• Uber’s board halts feuding as SoftBank deal loomsVoting power of early investors including Kalanick reduced, IPO set for end of 2019
• Uber: The uncomfortable view from the driving seatThe ride-sharing group faces its biggest challenge: keeping its drivers, some of whom sleep in their cars to make ends meet
• The Uber Game: Can you make it in the gig economy?Experience a week in the life of an Uber driver trying to make ends meet

Bradford Telegraph & Argus

• UberEATS food delivery app to go live in Bradford today A FOOD delivery app by the private hire company Uber is making its debut in Bradford today.

London Evening Standard

• New Ford chief: cost cuts and electric cars key in drive aheadThe new boss of Ford today set out his vision for the future of the car giant, with plans to strip out $14 billion (£10.6 billion) of costs and focus on selling SUVs and trucks.
• Uber and TfL plan more talks as ride-hailing firm bids to get its licence backUber and Transport for London are to hold further talks as the ride-hailing firm bids to get its licence back to operate in the capital.

Other News Sources

• FTA renews call for London Freight CommissionerThe Freight Transport Association (FTA) is renewing its call for a Freight Commissioner for London, to ensure the city can keep trading ...