Bloomberg: Why Federal-Mogul’s Carl Icahn is betting on Hertz, Lyft and Pep Boys

In this article, Maryann Keller, Principal of MK&A, was quoted regarding Carl Icahn’s acquisition of multiple automotive-related assets. Maryann believes that Icahn is motivated by the future prospect of servicing a ride-sharing company. Maryann states:

“If Icahn is talking about managing a fleet of autonomous vehicles, then he has a business… If Uber has fleets of autonomous cars, they will pay someone to manage them.”

You can read the full article here:

https://www.bloomberg.com/news/articles/2017-11-08/carl-icahn-the-car-guy-why-he-bets-on-hertz-lyft-and-pep-boys

Photo credit: Photographer: Victor J. Blue/Bloomberg.