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Carsharing or car sharing (AU, NZ, CA, TH, & US) or car clubs (UK) is a model of car rental where people rent cars for short periods of time, often by the hour. It differs from traditional car rental in that the owners of the cars are often private individuals themselves, and the car sharing facilitator is generally distinct from the car owner.
Peer-to-peer carsharing is a form of person-to-person lending or collaborative consumption, as part of the sharing economy. [1] The business model is closely aligned with traditional car clubs such as Streetcar or Zipcar (est. in 2000), [2] but replaces a typical fleet with a ‘virtual’ fleet made up of vehicles from participating owners. [3]
Owner. IAC Inc. (31%) [3] Number of employees. 931 (2023) [1] Website. turo .com. Turo Inc. is an American peer-to-peer carsharing company based in San Francisco, United States. The company allows private car owners to rent out their vehicles via an online and mobile interface in five countries ( United States, Canada, United Kingdom, France ...
Interestingly, with the gas motor powering the front axle and the e-motor powering the rear, the XC90 Recharge operates as a rear-wheel-drive car when only using electric power, and front-wheel ...
The car’s wild Bauhaus-inspired interior features a gated shifter and racing seats with harnesses. A center-mounted tachometer dominates the dash, while the three-spoke steering wheel is free of ...
The share of auto sales held by Chinese automakers has been growing quickly and stood at two-thirds of all vehicle sales in July, as sales of their vehicles rose 10%, the report said.
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