- Car Alerts Weekly
- Posts
- Lyft solves surge pricing
Lyft solves surge pricing
Plus: Financial results, Saudi Arabia invests in Lucid, recent recalls, and more.
Ruben A
August 09, 2024
Happy Friday morning. This is Car Alerts with your weekly recap of the latest car news and market happenings.
In today’s edition:
Lyft’s new feature
Honda posts record profits
Saudi Arabia invests (more) in Lucid
Recent recalls
and more
MARKETS 📈
Note: Stock market data as of Thursday’s market close.
HEADLINES 📰
Lyft pilots new “Price Lock” feature, a monthly subscription that caps price for a specific route
Honda to report record Q1 $3B+ profit on strong U.S. hybrid sales
Rivian lost $1.46B in Q2 as it drives toward a VW-linked future
ACV Auctions revenue increased 29% year-over-year, earnings released
Anti-theft software cut down viral theft trend targeting Hyundai, Kia vehicles
China auto market hits milestone as EVs, hybrids make up half of July sales
RECALLS
That’s all we have for you this week. We’ll see you next Friday morning with more car content.
Have feedback or want to get in touch? Please send us a note on Twitter (@CarAlerts). We’d love to hear from you.