Free-to-Move Car Sharing Expanding to Portland With 180 Jeeps
Free2Move, part of Stellantis, currently operates in Paris, Madrid, Lisbon, and Washington, D.C., and plans to make up to 180 Jeep Renegade and Compass models part of a free-floating car-sharing service in Portland starting this month. Using one of the vehicles costs 49 cents a minute and, like most car-sharing services, includes insurance, roadside assistance, and other assurances. (Read More)
Turo Returns to New York
Peer-to-peer car rental platform Turo has returned to New York following an eight-year absence due to insurance disputes. On June 9, Turo launched its commercial host program in New York. The program allows entrepreneurs, car rental companies, and other fleet owners that provide their own insurance and are registered with the state to place vehicles for rent on the platform. (Read More)
Upstart Travel Companies Show Pitch to Millennials Is Evolving
A look at travel startups such as AvantStay, Explora Project, Luxury Travel Hackers, SnapTravel, TripScout, and Turo shows that startups can achieve growth by appealing instead to millennials. The trick is to offer distinctive features and functionality appealing to their changing preferences and needs and then growing through word of mouth on social media. (Read More)
Should I Become a Turo Host With the Increased Demand Right Now?
"I love the idea of you becoming a Turo host, but you need to know that your own automobile insurer may not like you very much." Turo is like the Airbnb of cars, so that’s why you need to review your auto insurance policy before you sign on to become a Turo host. (Read More)
Porsche teams up with Turo to give Montreal a taste of EVs
Turo, a car-sharing service that’s best described as Airbnb for cars, is getting a shot in the arm from Porsche. All through June, Turo users in Montreal will be able to book a new Tacyan through the service, getting a taste of the Porsche life with the added benefit of driving around in one of the latest high-performance electric vehicles around. (Read More)
Car-Sharing Platforms in Peak Demand Become Newest Tax Target
Having figured out how to regulate and tax gig-economy players such as Airbnb Inc., Uber Technologies Inc. and DoorDash Inc., the states are turning to car-sharing services just as a post-pandemic travel surge causes shortages of traditional rental vehicles. In just the last two months policymakers in Arizona, Florida, Hawaii, Maryland, and Oklahoma have passed legislation or issued regulations addressing the tax, insurance and public safety duties of companies such as Turo Inc., Getaround Inc. and Avis Budget Group Inc.‘s Zipcar. (Read More)
Evo Car Share coming to Victoria this summer - Advance sign-up opens today
Evo Car Share, created by BCAA, announces that it will launch in Victoria on August 1 – and encourages Victorians to sign up in advance starting today at evo.ca/Victoria. Evo will bring a flexible, environmentally friendly new choice for getting around Greater Victoria as part of a broader, sustainable transportation network while also helping to take more cars off the road. (Read More)
This Week’s Paid Subscriber Article
Last Week’s News Wrap-Up
Each week we’ll bring you the latest news, information and updates from across the carshare industry. Here’s this week’s news.
See how Salt Lake City’s new airport dead-ended a Utah car-sharing company
Airport officials want to regulate Avail as a car rental business, but the peer-to-peer vehicle service warns blurring that line will “backfire across the country.” Just days before the busy Memorial Day travel weekend, the revamped Salt Lake City International Airport hit the brakes on the car-sharing service Avail. (Read More)
Expert: Rental car shortage could last ‘six to 18 months’
As a rental car shortage plagues the nation with inventory outages and sky-high prices, one industry insider said the issue could last for another year and a half. The rental car shortage will “resolve itself over time” but “is going to be challenging for the rental car giants for the next six to 18 months,” Andre Haddad, CEO of peer-to-peer rideshare app Turo, recently told Yahoo Finance Live. (Read More)
Turo Takeover: Hawaii residents utilize car-sharing platform amid car rental shortage
The Hawaii Tourism Authority says Hawaii’s rental car fleet is down 40%. Many visitors and kama’aina are now turning to the largest car-sharing service, Turo.“I listed my RAV4 and within two months, I am completely booked out until January,” said Kahili Kaihewalu Tianio, a Turo host. (Read More)
What’s Turo and Why Is Everyone Suddenly Talking About It?
The answer to your car rental problems right now might be a four-letter word. If you recently got excited about one of those ultra-cheap pandemic airfare deals going around only to have the wind knocked out of your sails when you checked car rental “deals” at your destination, welcome to a new club. It’s called People Appalled by Car Rental Prices Right Now. And our ranks are growing. (Read More)
Car Rental Platform Market To Witness Stunning Growth During 2021-2027 | Carcloud, TURO, Expedia, Getaround
The latest research report on Car Rental Platform Market ascertains and evaluates all the critical factors, including key growth drivers and challenges impacting the industry behavior, to assist stakeholders in making the right decisions for the future. It also comprises a comparative study of the past and present business scenarios to support the forecasts given in the study. Moreover, the research literature discusses several market segments and uncovers the key areas that will assure notable returns in the upcoming years. (Read More)
6 vehicles capable of earning their keep
Most cars are expenses, not investments. You typically pay tens of thousands of dollars for a reliable vehicle that depreciates every day, even when it's parked. What if a vehicle could earn you money instead? KSL Cars has hundreds of vehicle listings (besides the obvious work trucks and limousines) capable of making money. Here's a list of cars on KSL Cars that you can use to generate some extra income—or at least break even. (Read More)
Looking For A Cheap Rental Car During The Shortage? Turo Can Be Hard To Trust
Bottom line: Turo is a nice idea, but there is not enough accountability to make it a reliable option for travelers on a schedule. Unlike a canceled Uber, where you might lose 5 minutes of your time, a cancelled car rental causes major damage to an itinerary - and the possibility of it happening right up until the time of delivery injects a major unknown into the equation. (Read More)
Join us in Raleigh, NC August 14th & 15th for the first Regional Carshare Workshop!
We'll have six sessions (3 on Saturday afternoon 3 on Sunday morning) that will cover the essential information your need to know to begin your Turo business. Click here to learn more!