Lyft collaborates with Hyundai dealers to provide rides through CDK

Lyft collaborates with Hyundai dealers to provide rides through CDK

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Lyft Inc’s rides will be available to the Hyundai’s customers in the United States at as dealers will be offering the same while customers will be getting their vehicles being serviced at the dealerships, announced the companies on Tuesday.

Lyft’s service, which will be available in next few months, will be offered either free of cost or could be charged at a cost that would automatically be added to the customer’s service bill for smooth payment at the discretion of each individual dealer.

Hyundai dealers which are subscribed to CDK Global’s Hailer service can only offer the Lyft rides to Hyundai customers without having the need to install the Lyft’s app by the customers themselves.

Lyft’s current partnership with Hyundai is the latest in string of collaboration contracts the ride service company has made recently after going public in March by enlisting on the New York Stock Exchange.

Uber Technologies Inc, which is larger in size and Lyft’s biggest rival, has also debuted on the NYSE after a couple of month difference with the Lyft, during which Lyft remained busy inking service offering agreements with several companies to get the bigger piece of pie in a market largely dominated by the Uber.

Lyft also partnered with the Disney Parks and Resorts and become its official rideshare service. The company also signed a contract with Agero Inc in last week for providing rides to customers who came to a situation when their vehicles came to be in need of a tow assistance service.

Lyft also struck a deal with Google’s Waymo in last month to deploy its vehicles on Lyft app.

Lyft’s integration with Hyundai dealers will not only help Lyft get more business, but will also provide the dealership an ease of automatic billing, setting ride spending limits and service approvals with less number of customers waiting in their lounges.

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Zac Berry is presently a full time editor at Market Morning. He covers the M&As and follows live market commentary. Before joining Markets Morning, Zac Berry worked with a start-up, where he worked in the capacity of a Team Leader tracking company events and results. Born in the U.A.E, he spent most of his growing up years in Dubai. Currently, he resides in U.S. and is pursuing his charter in Accountancy.

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