Market Overview

Mercedes Aims For Uber

Share:
Mercedes Aims For Uber

This week, Daimler AG (OTC: DDAIF) Chief Executive Dieter Zetsche told Reuters that the luxury carmaker was aiming to take on Uber with a fleet of autonomous vehicles.

Zetsche said the firm would target customers who are not interested in buying their own car, but still value premium transport options like limousines.

Mercedes Car Share

The company has already created its own car-sharing service in an effort to change alongside consumer preferences. More and more people, especially in big cities, are not interested in owning a car and instead participate in car sharing programs to cut down on costs and reduce the stress of finding parking.

Related Link: Driverless Cars: A $97 Billion Opportunity For These Companies

Daimler's car2go system allows customers to rent and use the company's vehicles for short periods using a smartphone app. The program is aimed at giving younger drivers a chance to experience the luxury of driving a Mercedes in hopes that they will purchase one later in life when they have the means.

Convenient Cars

Zetsche said the popularity of car sharing would be enhanced by an autonomous car service that was able to deliver cars based on customers' schedules through an integrated calendar.

Daimler appears to already be working on such a service; the company bought MyTaxi, a taxi-hailing app last year and recently acquired mapping service HERE.

Liability Concerns

Mercedes, like many other firms, has already created an autonomous prototype. However, questions regarding safety and regulations are still a question mark among policy makers.

Most don't expect to see autonomous cars becoming available for another decade, but that hasn't stopped automakers from putting their plans in place.

Image Credit: Public Domain

Posted-In: Autonomous Cars car sharing car2go dieter zetscheTravel Top Stories Tech General Best of Benzinga

 

Related Articles (DDAIF)

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial
Book A Demo
Learn How You Can Succeed In The Market With Benzinga Pro

Fastest Market News

Real-Time News Alerts

Customizable News Filters

Book A Demo

Exclusive: Rapper Ludacris Discusses New Partnership With Roadie, A 'Friendshipping' Company

Buy Some Bitcoin With This ETF