Toyota Financial Services to Offer Rideshare Rental Program

  • Emma Sandler
  • November 15, 2017
Toyota Financial Services has solicited the white-label mobility service provider Launch Mobility, to jointly create a new short-term rental program for rideshare drivers, the companies announced today. The unnamed service will use off-lease vehicles in the program and is expected to begin as a pilot in Southern California by yearend. Last Updated: 15th November, 2017, 12:49 PM

Daimler Sees Financing Uptick in China, but Declines in the Americas

  • Emma Sandler
  • October 20, 2017
Daimler Financial Services reported a decrease in leasing and loan contracts in the Americas, but saw a “significant” increase in China — in addition to growth in its mobility services sector, according to the company’s third-quarter earnings released today. Last Updated: 20th October, 2017, 12:10 PM

Porsche Launches Luxury Subscription Service

  • Emma Sandler
  • October 11, 2017
Porsche Cars North America Inc. debuted Porsche Passport, a new sports car and SUV month-to-month subscription program, adding to a growing list of luxury automakers entering the subscription space. The new program allows subscribers to frequently exchange vehicles or keep them for as long as they like. The service includes unlimited mileage and on-demand access to […]

VC Firm Poised to Invest in Mobility Startups by Yearend

  • Emma Sandler
  • October 6, 2017
Autotech Ventures, a venture capital firm that primarily invests in startups, will announce several investments in ground transportation companies within the next few months, Quin Garcia, managing director of the VC, told Auto Finance News. “We are actively looking at several companies across the ground transportation spectrum, but unfortunately cannot go into specifics beyond that,” […]

Groupe PSA Re-Enters North America With Free2Move Launch in Seattle

  • Emma Sandler
  • October 4, 2017
Groupe PSA has re-entered North America after 26 years with the launch of its Free2Move technology brand in Seattle today. Launched in 2016, Free2Move is a smartphone-based mobility aggregation platform which unites all of PSA Group’s new mobility solutions, including carsharing, fleet sharing and fleet management, connected services, and car leasing. PSA Group, which is […]
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