Uber mulls selling US car-leasing business – report

News
Corporate developments

Ride-sharing company started ‘Xchange Leasing’ two years ago

Uber is exploring options for its car-leasing business ‘Xchange Leasing’ in the United States, including a potential sale, after realising that the division is losing money substantially and higher than estimated, The Wall Street Journal (WSJ) reported on 8 August citing people familiar with the development.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload