car sharing News

Paying Gig Workers Emerges as ‘Getaround’ Tactic to Defeat Employee Lawsuits

The perennial issue in the gig economy is whether workers should be classified as employees. Uber Technologies Inc., Lyft Inc. and other companies that rely on contract work have dealt with this question in a number of ways: staging PR …

Car Sharing Lobbyists Battle Car Renting Lobbyists, Driving State Lawmakers Crazy

The bill that turned Illinois into the focal point of a bitter debate over car-sharing last year started as a proposal about what happens when a rental car is stolen. The legislation, which would allow rental companies to punish customers …

Turning Sharing Into a Sales Pitch for Pricier New Cars

The ability to rent his car to strangers for cash convinced Trevor Davis, a high-school teacher in Dallas, to buy a brand-new Honda Civic instead of a used car. “I was going to get something real cheap, an inexpensive second …

World’s Automakers Face Massive Disruption from Car Sharing Phenomenon

When Evgeny Barkov owned a car, the 31-year-old software salesman would often look out of his Moscow window at it with disgust. His possession sat unused more than 90 percent of time, while sucking up money and causing him anxiety …

Toyota Launching App-Controlled Car-Sharing in Hawaii

Toyota Motor Corp. launched a Honolulu, Hawaii car-sharing service that enables customers to use smartphones to unlock and start cars for rent by the hour or day. It’s the latest service offered by an automaker that competes with ride-hailing and …

GM to Pilot Airbnb-Like Service for Autos This Summer

General Motors Co. plans to start a pilot program this summer that will enable car owners to rent out their vehicles when they aren’t using them, according to people familiar with the matter. The tests will begin in early summer …

BMW Wants on Uber Train with Car-sharing in Washington

Germany’s BMW has launched a car-sharing service in Seattle, Wash. where it will offer customers the use of 370 BMW and Mini vehicles, before expanding to other cities in the United States. Established carmakers worldwide are looking for ways to …

Why Ridesharing Won’t Hurt Car Sales

Car sharing usage will significantly increase, particularly in urban areas among young residents, however most consumers will still opt to own their own cars and car sharing will not significantly hurt car sales, according to a new report. Car sharing …

Auto Insurance Market to Shrink 60% by 2040: KPMG

By the time today’s millennial insurance professionals are its top executives, the U.S. personal auto insurance industry will be a skeleton of its current self. Within 25 years, the private passenger automobile insurance industry will shrink by as much as …

‘Ridesharing’ a Climate Change Solution around the Corner

The solution to reducing carbon emissions may be just around the corner. Car sharing can reduce gas consumption and could ultimately help in the battle to curb climate change, according to a Natural Resources Defense Council director, who maintains that …