French Carmaker Plans U.S. Entry for Carshare Unit

  • Emma Sandler
  • July 17, 2017
Mobility services platform Free2Move plans to launch a carshare aggregation portal — which connects consumers to multiple service providers — in the U.S. by September, Jens Weitzel, vice president of business development in North America, told Auto Finance News. Free2Move — founded in September 2016 — is French manufacturer PSA Group’s mobility services brand. The brand unites all of […]

Getaround Offers Income, Credit Boost

  • Natalie Mattila
  • June 7, 2017
SAN DIEGO — Potential car buyers are looking to Getaround — a peer-to-peer carshare platform — as an “equity-like income stream” that could boost their chances of landing a loan or lease, the startup’s Chief Financial Officer Adam Kosmicki said during a panel at last month’s Auto Finance Innovation 2017. “From an owner’s perspective, when you list […]

Allstate Eyes Carshare Insurance Offerings

  • Natalie Mattila
  • May 31, 2017
Allstate Corp. is “researching” opportunities to offer carshare insurance coverage, as the auto insurance marketplace continues to evolve, Mobility Finance has learned. And, given the amount of time that it took Allstate to launch its rideshare insurance offering [just under 12 months], carshare coverage could be offered within a year. “We are looking into researching […]

SPLT Sketches Plans to Add Carshare Model to Prep for Autonomous Future

  • Natalie Mattila
  • May 24, 2017
SAN DIEGO — There is “a lot of money” in fleet management, which is why SPLT is planning another shift in its business model to include carsharing, Kristin Welch, the startup’s head of business development and corporate strategy, said at Auto Finance Innovation 2017 last week. “We are working with a large European fleet company […]

EVs to Drive ‘Major Transformation’ in Carsharing, Researcher Says

  • Natalie Mattila
  • May 22, 2017
SAN DIEGO — Carsharing is in the early stages of a “major transformation” that will continue over the next decade, driven in part by greater penetration of electric vehicles in carsharing fleets, John Gartner research director at Navigant Research, said during a presentation at Auto Finance Innovation 2017 last week. The electric vehicle carshare fleets will […]
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