Ford recognizes the growth of bike commuting and invests in GoBike progra
You would never expect a major automobile manufacturer to invest in bicycles, but that's exactly what Ford announced last month as they jump on the bandwagon for cities to offer more bicycles, more bike lanes and more bike parking racks as an alternative means of transportation.
Their investment in buying Chariot, a crowd-sourced shuttle service, and establishing Motivate, an urban bike sharing program, confused some investors and customers. But the investments are a timely decision that actually go hand-in-hand.