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Flexible car ownership startup Fair nabs up to $1B in debt and equity funding from BMW and Penske

 Fair.com — an all-digital car marketplace that was co-founded by car industry vets Georg Bauer of BMW, Mercedes-Benz, and Tesla; Scott Painter of TrueCar; and Fedor Artiles of Mercedes-Benz, Chrysler, Volkswagen, and Tesla — has been largely operating under the radar since quietly launching its business earlier this year. But today, it’s coming roaring down the street,… Read […]

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Commuter shuttle bus Chariot halts services in SF

 Chariot, the commuter shuttle bus network that Ford Smart Mobility acquired in 2016, has halted its services in San Francisco, the San Francisco Business Times first reported. On Wednesday, the California Public Utilities Commission suspended Chariot’s operating permit after the service didn’t pass three consecutive California Highway Patrol inspections. “On three separate… Read More Source: […]

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