For automakers, the news of Uber buying vehicles at a commercial level means potential new sales … but it also means there is looming disruption to a thriving business model.
Bloomberg, November 20, 2017 – Uber Technologies Inc. agreed to buy 24,000 sport utility vehicles from Sweden’s Volvo Cars to form a fleet of driverless autos.
The XC90s, priced from $46,900 at U.S. dealers, will be delivered between 2019 and 2021 in the first commercial purchase by a ride-hailing provider, Volvo said in a statement on Monday. San Francisco-based Uber will add its own sensors and software to permit pilot-less driving. To continue reading the article, click here.