Ford to shut down ride-share service Chariot
Posted On January 11, 2019
0
760 Views

Ford’s ride-share service Chariot is ceasing its operations in the United States and the UK by the end of March, Chariot said on Thursday.
The move is a setback for Ford, which bought the San Francisco-based Chariot in 2016 to expand beyond auto manufacturing and take another step toward becoming a mobility company, Reuters reads.
Ford said it will cut thousands of jobs, look at plant closures and discontinue loss-making vehicle lines as part of a turnaround effort aimed at achieving a 6 percent operating margin in Europe.
Trending Now
Groupe Renault appoints Mihai Bordeanu as new CEO for Dacia
January 11, 2021
Dacia Sandero is crowned Car of the Year 2021 in UK
January 15, 2021