Ford looks beyond cars with purchase of shuttle service Chariot
Ford isn’t just a car company anymore.
The automaker on Friday announced it was buying Chariot, the crowd-sourced shuttle service based in San Francisco.
“We’re expanding our business to be both an auto and a mobility company, and partnering with cities on current and future transportation needs is the next major step,” Ford CEO Mark Fields said in a statement. “For more than 100 years, Ford has been part of the community and the trusted source for automotive transportation. Now, we want to work with communities to offer even more transportation choices and solutions for people.”
The companies didn’t disclose how much Ford paid for Chariot. Read more…More about Business, San Francisco, Ride Sharing, Cars, and Mobility
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