Toyota Financial Collaborates With Ride-Hail Service Grab

  • Emma Sandler
  • August 30, 2017
Toyota Financial Services — along with Toyota Motor Corp. and Aioi Nissay Dowa Insurance Co. — are forming a collaboration with Southeast Asia ride-hailing giant, Grab, the companies announced today. Last Updated: 30th August, 2017, 12:08 PM

New Uber CEO Faces Task of What to Do With Leasing Unit

  • Emma Sandler
  • August 28, 2017
Uber has chosen Dara Khosrowshahi to serve as its chief executive, according to numerous sources, capping off many months of scandals and struggles within the rideshare company. Uber is expected to make a formal announcement by today. Last Updated: 28th August, 2017, 11:00 AM

Maven Might Expand Dealership Pilot Program

  • Emma Sandler
  • August 22, 2017
Maven, the mobility unit owned and operated by General Motors Co., may be looking into expanding its dealership pilot program, in addition to recent reports that it is considering a rideshare service. Last Updated: 22nd August, 2017, 11:05 AM

GM’s Maven Positioning to Become Full-Fledged Rideshare

  • Emma Sandler
  • August 17, 2017
Maven, the mobility unit owned and operated by General Motors Co., is reportedly considering building out the platform to include on-demand ridesharing in the style of Uber or Lyft. Last Updated: 17th August, 2017, 2:31 PM

Buyers Unlikely to Bite on Uber Subprime Leasing Unit

  • Emma Sandler
  • August 17, 2017
Uber Technologies Inc.’s plan to consolidate or sell its subprime leasing arm, Xchange Leasing, would be a “smart move,” Grayson Brulte, a consultant and president of Brulte & Co., told Auto Finance News. However, Brulte thinks it unlikely another company would acquire the unit, because subprime is a business “about to burst.” Last Updated: 17th August, 2017, 11:16 […]
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