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Uber smartphone app to take over taxi market?

A new smartphone app called Uber is threatening to put the traditional taxi out of business. The smartphone software allows users to ‘order’ a private car, connecting passengers with regular drivers willing to hire out their vehicles. However, these aren’t taxis… On Bing: see pictures of Uber Wifi hotspots for London’s black cabs Uber originally began in San Francisco in 2009, with users able to book and reserve a car driven by a regular member of the public for journeys via text message or the dedicated smartphone app.

Crunch watch Dec 08: the auto industry in crisis

By Tim Pollard and Simon Stiel Motor Industry 31 December 2008 14:05 Wednesday 31 December 2008• GMAC, GM's finance arm, said it would immediately revise its criteria for providing loans, after the US government bail-out of the General's credit arm. It will now supply credit for anyone with a score of 621 or more on the Fico scale, the scale used to assess Amercian customers' creditworthiness (Financial Times)• The news means that 80% of US consumers would now qualify for a loan from GMAC – which should improve sales in the depressed US market (Detroit News)• Chrysler is being lambasted for taking out full-page adverts in the American national press thanking the nation for supporting its auto industry. But critics point out this is a fresh waste of bail-out resources, as pages in the Wall Street Journal – one of the titles in which the ad ran – reportedly cost up to $264,000.

Skoda Adds Rapid Spaceback And Yeti To Motability Scheme

THE WAIT is over and Czech car maker Skoda has added its two newest models to the Motability Scheme. Both the all-new Rapid Spaceback and the facelifted Yeti crossover are accessible through the programme to individuals receiving the Higher Rate Mobility Component of the Disability Living Allowance. Key to the cars appeal will be the high levels of practicality and interior space available from both models, coupled with a nil Advance Payment on selected variants.