Toyota and Uber Auto Lease partnership - Lexus ISF / IS-F / LFA / LF-A Forum
 
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post #1 of 3 Old 03-27-2020, 07:49 AM Thread Starter
huod40
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Toyota and Uber Auto Lease partnership

Toyota has joined the bandwagon of auto manufacturers investing in ride sharing. The auto giant announced that it would be entering a partnership with Uber. Uber and Toyota would work on creating new leasing options that would allow Uber drivers lease vehicles with Toyota Financial Services providing financing to these drivers.

Toyota’s decision to sell cars to Uber invariably means Uber drivers stand to lease cars from Uber at even more favourable rates. Lease repayment will be flexible enough that partners and drivers that need to lease cars can do so and still make good profit at the end of the day.

Uber also has entered a partnership with Leaseplan, a leading multinational fleet management and driver mobility company, to create a convenient vehicle leasing solution to Uber drivers and partners across Europe. This service will be called Uber Auto Lease.

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post #2 of 3 Old 04-27-2020, 06:11 AM
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It is very cool cooperation.
The automaker’s investment in the largest taxi service was reported by The Wall Street Journal.

According to the publication, this transaction is part of an agreement between Toyota and Uber, which implies the joint work of companies on the creation of self-driving transport. Under the agreement, Uber integrates its own technology in Toyota Sienna minivans, and also replenishes its taxi fleet with these cars.

The Wall Street Journal adds that Uber is trying to find options to reduce the cost of creating technology for unmanned vehicles. According to the sources of the publication, the company's costs for the development of this technology last year amounted to approximately $ 750 million.

This year, Uber has decided to reduce development costs, in particular due to an accident in Arizona. However, this does not prevent the company from testing unmanned vehicles in San Francisco, Pittsburgh and Toronto.

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post #3 of 3 Old 07-17-2020, 01:30 PM
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Wow, it's interesting
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