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VW is the latest carmaker to jump into Uber’s mobility business (Forbes)

December 06, 2016

Forbes reports Volkswagen is moving into the evolving mobility services business with the creation of Moia, a Berlin-based company that will provide a range of ride services in urban markets, with an eye to becoming one of the world’s largest such service providers by 2025. The announcement follows similar steps by General Motors and Ford, suggesting ride-share leader Uber can expect tough competition from carmakers themselves in the years to come.