72% of Americans will take road trips this summer, doubling last year’s figures
Now that Covid-19 restrictions and concerns have waned, summer travel is making a comeback. According to the U.S. Travel Association, 72 percent of Americans plan to take at least one road trip this summer, double the number of people who took road trips last year....
Car-sharing, the ‘Airbnb’ of vehicles, could help solve major rental shortage
Due to a shortage of rental cars, and the subsequent spike in costs, drivers in need of a vehicle for the short term are looking to an emerging alternative, car-sharing. It’s a peer-to-peer model where car owners rent out their own personal vehicles. At the start of...
What it will take to achieve fully autonomous cars, according to a mobility expert
Brendan Keegan is the CEO of Merchants Fleet, which provides fleet management and leasing solutions to a range of clients. Park My Fleet caught up with Keegan on Zoom to discuss all things mobility and electric vehicles, and to get Keegan’s unique perspective on where...
Uber and Lyft don’t have enough drivers to meet surging demand
Now that vaccine rates are up, rideshare app users are starting to feel more comfortable hailing an Uber or a Lyft to get around. The only issue is that there aren’t enough drivers to meet rising customer demand, and prices are soaring as a result. In March, Uber saw...
PCs, dog-washing booths and 3 other products on backlog due to microchip shortage
To function, many basic electronics require semiconductor chips, a $5 miniature electric circuit that essentially functions as the “brain” of the product. But due to a temporary shutdown in production at the start of the Covid-19 pandemic, US sanctions on...
ParkMyFleet announces advisory board of automotive trailblazers
(New York, NY May, 14, 2021) — Mobility company ParkMyFleet has convened an advisory board of four esteemed automotive leaders, each with more than 20 years of experience in the industry. The ParkMyFleet advisory board members will serve as critical consultants and...
5 times Elon Musk shocked viewers while hosting Saturday Night Live
Elon Musk made his highly-anticipated Saturday Night Live hosting debut over the weekend. While the Tesla CEO is often known for his controversial and sometimes, off color, comments, Musk’s performance was, for the part, considered tame and safe. But still, Musk...
Used car prices climbing at a faster rate than new cars due to strange trend
Prices for used cars are soaring, which may be a bummer for consumers who are in the market for a vehicle. But the unexpected trend could be a boon for automobile owners looking to trade in or sell their cars. Older cars are having a moment because of a shortage...
