Another setback for Ford? The carmaker's ride-share service Chariot, which it bought in 2016 to expand beyond auto manufacturing and into mobility,

Another setback for Ford

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Another setback for Ford? The carmaker’s ride-share service Chariot, which it bought in 2016 to expand beyond auto manufacturing and into mobility, will cease all operations by the end of March.

The news comes after Ford (NYSE:F) said it will cut thousands of jobs in Europe, as well as looking at plant closures and discontinuing loss-making vehicle lines as part of a turnaround effort.


Today, we have important news to share about Chariot services. Following significant consideration, we have decided to close the Chariot operation. Friday, January 25th is the last day we will offer service on commuter routes in the U.K., and Friday, February 1 will be the last day we will offer service on our commuter routes in the U.S. We will cease all operations across the US and in the UK by the end of March.
In today’s mobility landscape, the wants and needs of customers and cities are changing rapidly. We apologize for the inconvenience this may cause Chariot’s riders and our enterprise customers. We are committed to ensuring our customers are aware of the decision and have time to make alternative transportation arrangements.

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