Uber to Shut Down Its US Car Leasing Business, Employees Fear Layoffs - Inc.com

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Inc.com

Uber to Shut Down Its US Car Leasing Business, Employees Fear Layoffs Inc.com Uber currently has about 40,000 vehicles in the program, which it leases to drivers. The company had expected to lose about $500 per car but is losing about $9,000 per car, sources told Bensinger. The problem? Being in the car leasing business was ... Uber bros kill car leasing program after losing nine grand per vehicleThe Register Uber is scaling back on US car leases as expenses pile upCNBC Uber considering options for Xchange Leasing, including sell-offTechCrunch The Verge -Business Insider -Quartz -Wall Street Journal all 74 news articles »

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