Grupo Auro in the news

Grupo Auro, a luxury transportation services company, reported a 3.5 million euro loss in 2024 despite a 27% revenue increase, leading to Uber acquiring a 30% stake in early 2025.

Auro New Transport Concept, a VTC license holder, reported a 3.5 million euro loss in 2024 despite increased revenue, influenced by higher operating costs and the absence of one-off gains from the previous year.

Auro New Transport Concept lost 3.5 million euros in 2024, despite a 27% revenue increase, primarily due to the absence of extraordinary gains and higher operating costs.

Auro New Transport Concept faced a 3.5 million euro loss in 2024 despite a 27% revenue increase, mainly due to the absence of extraordinary income and rising operational costs, while securing a 30% acquisition by Uber in early 2025 and planning significant fleet expansion.

Madrid's home care health workers are experiencing a severe shortage of drivers due to service failures by contractor Auro and a voided new transport contract, disrupting patient care.

Zunder, Grupo Auro, and Uber are collaborating to boost sustainable VTC services by installing ultra-fast charging stations in major Spanish cities, starting with Madrid.

Uber purchased a 30% share in Auro New Transport Concept for 220 million euros to compete with Cabify and boost its presence in the Spanish market.

Uber has acquired a 30% stake in the VTC company Auro New Transport Concept for 220 million euros, highlighting its commitment to the Spanish market.

Uber bought a 30% stake in the VTC company Auro after a Constitutional Court ruling allowed Auro to end its exclusivity agreement with Cabify.

Uber acquires a 30% stake in Spanish VTC company Auro for 180 million euros, strengthening its presence in the market.

Uber purchased a 30% stake in Auro New Transport Concept for 220 million euros, bolstering its presence in the Spanish transportation market.

Auro, a private hire vehicle company, won a legal battle against Cabify, allowing it to work with other platforms and avoiding a multi-million euro compensation claim.

Grupo Auro won a five-year legal dispute against Cabify, allowing it to operate its VTC vehicles with any platform and negating a 41 million euro compensation claim from Cabify.

Uber has appointed two executives to the board of Grupo Auro, a Spanish VTC fleet manager, amidst an ongoing legal battle between Auro and Cabify.

Grupo Auro implemented a3innuva Nómina to streamline HR operations, manage its 4,000-person workforce, and optimize data exploitation for its luxury transportation services.

A court in Madrid will investigate Grupo Auro and other VTC companies for alleged fraud and falsifying mandatory vehicle inspections.

Félix Ruiz's Grupo Auro won an arbitration battle against Cabify over a 75 million euro dispute, affirming Auro's right to terminate its contract and challenging Cabify's market claims.

Félix Ruiz's Grupo Auro won an arbitration against Cabify, dismissing a 75 million euro claim and validating Auro's right to terminate its contract and disconnect licenses.

The former president and founder of Auro, José Antonio Parrondo, is under investigation for the alleged fraudulent sale of two VTC licenses.

Auro, a leading Spanish VTC company, replaced its founder-president amid auditor doubts about its financial viability, appointing a new president from Nomura bank.