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Ford

Automotive News

Ford to buy ride-share scooter startup Spin

DETROIT (UPI) -- Ford Motor Company announced Thursday it will buy scooter ride-share startup Spin, in an effort to build its mobility business beyond full-size vehicles. Ford said Spin will become part of its Smart Mobility division, the automaker's division that explores future transportation ventures. Financial terms of the deal were not specified. California-based Spin operates in 13 cities and college campuses and plans to expand to several new markets in the coming months. Ford said it wants to grow […]

todayNovember 8, 2018 104

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