Report Finds Carsharing Services Could Reduce Traffic in Romania by 25 Percent

The streets of Bucharest, Romania. Photo via HPGruesen/Good Free Photos A recent study by Perceptum revealed that carsharing services could reduce traffic in Bucharest and other large cities in Romania by 25%, Business Review reported. The survey also found that allowing carsharing services to operate in Romania would reduce the need for parking spaces, cut… Continue reading Report Finds Carsharing Services Could Reduce Traffic in Romania by 25 Percent

Carsharing Initiative in China Eases Traffic for Spring Festival

Scenery from Guangzhou. Photo via Jiang-wen-jie/Wikimedia  Millions of people visit Guangzhou in China each year for the Spring Festival, and have found it difficult to return home using public transportation in the past. The travel rush for the 2018 Spring Festival will be easier to navigate with the introduction of carsharing, Global Times reported. Already averaging… Continue reading Carsharing Initiative in China Eases Traffic for Spring Festival

HyreCar Launches in New York

Photo: HyreCar Car-sharing platform HyreCar announced its launch in New York. HyreCar is a peer-to-peer carsharing platform that allows users to connect and rent their vehicles to other users. The platform’s goal is to bridge the gap between carsharing and ridesharing by allowing users to rent their vehicles to drivers of Uber, Lyft, or Postmates.… Continue reading HyreCar Launches in New York

Didi Chuxing Launches Open Carsharing Platform

Photo courtesy of DiDi Didi Chuxing (DiDi) launched its carsharing platform, partnering with automakers, new energy transportation infrastructure operators, and after-sales service providers, to build an open new energy carsharing system for the future. The network of strategic partners now includes 12 top automakers including BAIC BJEV, BYD, Chang’an Automobile Group, Chery Automobile Group, Dongfeng… Continue reading Didi Chuxing Launches Open Carsharing Platform

Adesa-AFC Parent Acquires Stratim

KAR Auction Services, Inc. a global vehicle remarketing and technology solutions provider, announced the acquisition of mobility and fleet management software company Stratim. KAR owns Adesa auctions and Automotive Finance Corp. (AFC). Stratim co-founder Sean Behr, who spoke at the 2017 Fleet Forward Conference, assumes the role of Stratim’s president. The addition of Stratim supplements… Continue reading Adesa-AFC Parent Acquires Stratim

Report: Ride Hailing Accounted for 65% of Business Travel Expense Transaction Volume in 2017

Photo via Mark Warner/Flickr Automated travel and entertainment expense management software provider, Certify, announced the results of its fifth, full-year SpendSmart Report with analysis of U.S. business travel and expense spending trends for 2017. The Certify SpendSmart report tracks business travel expense spending across major categories such as food, airlines, lodging, and car rental. The… Continue reading Report: Ride Hailing Accounted for 65% of Business Travel Expense Transaction Volume in 2017

Kia, Repsol Launch WiBLE Carsharing Service in Madrid

WiBLE will launch in Madrid in late 2018. Photo via Ángela Ojeda Heyper/Flickr  Kia Motors Iberia and Repsol announced their partnership to launch a new carsharing service called WiBLE (Widely Accessible, very accessible).  WiBLE will launch in Madrid, due to the Spanish capital’s geography and demographics which lend well to a carsharing market. Details about the operation of the service are… Continue reading Kia, Repsol Launch WiBLE Carsharing Service in Madrid

Vrtucar to Acquire Community CarShare

Photo courtesy of Vrtucar Community CarShare is planning to dissolve due to financial issues, according to an article by The Record. The article reported that Community CarShare’s total liabilities were nearly $796,500 and total assets were just under $227,000 as of April 2017.  The nonprofit carsharing cooperative received a letter of intent from Vrtucar, an… Continue reading Vrtucar to Acquire Community CarShare

Car Rental Startup eZhire Raises Seed Investment

Dubai. Photo via Rivella/Pixabay Dubai-based startup eZhire, an on-demand rental car app, has raised seed funding in a round led by Jabbar Internet Group, according to an article by Entrepreneur Middle East. Investors Ali Al-Salim of Arkan Partners and Sahm Yaghi of Al Jal Investors were also part of the round. The amount was undisclosed,… Continue reading Car Rental Startup eZhire Raises Seed Investment

Europcar Launches Pay-by-the-Hour Carsharing in Scotland

Europcar U.K.’s new pay-by-the-hour carsharing service has launched in several locations in Scotland, including the city of Inverness. Photo via Wikimedia/Hartmut Josi Bennohr Europcar U.K. has launched a pay-by-the hour carsharing service, Europcar Hourly Hire, in the Highlands and Islands of Scotland, according to a report by Fleet News. Europcar has partnered with Highlands & Islands… Continue reading Europcar Launches Pay-by-the-Hour Carsharing in Scotland