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Uber to sell its troubled car leasing division to Fair.com
Uber Technologies Inc. is doing some end-of-year restructuring under its new chief operating officer. The Wall Street Journal reported...


China leads the car-sharing market, despite the challenges
The Chinese government is using car-sharing – short-term car rental, usually charged by the hour – to stimulate the new energy vehicle...


Volvo, Cadillac and Porsche drive subscription model growth
Carmakers are launching rental services even as peer-to-peer car lending platforms gain traction Once every teenagers’ dream was to have...


Toyota to set up mobility service company
Headquartered in Tokyo, it will look at new customer needs Toyota Motor Corporation on Thursday made known its intent to merge its...


Madrid launches car-share scheme with 500 Renault Zoe's
A fleet of 500 all-electric Renault Zoe will be arriving in Madrid this month in a car-share scheme to cut pollution in the city. This...

Nissan plans car-sharing service in Japan
The service, named e-share mobi, will start in 15 January 2018, and will initially feature the all-new electric Nissan Leaf and the...
Lyft Gets $500 Million Funding Boost
John Zimmer, President, Lyft Interview Investors are sinking more money into ride-hailing services company Lyft as the startup captures...


Hyundai expands car-sharing biz with local startup
Hyundai Motor is expanding its car-sharing venture to tap into the promising industry, by announcing a collaboration with a local ride...


Now New Yorkers can get a new Mercedes-Benz for 47 cents (a minute)
Car2go is adding Mercedes-Benz CLAs to its New York fleet. The Daimler-owned car-sharing service is pushing to capitalize on its fastest...


BMW Group, in partnership with EVCARD, launches ReachNow car-sharing service in China
Today, the BMW Group, in partnership with EVCARD, a Shanghai-based electric car-sharing company under Global Car-Sharing & Rental Co....
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