Uber is phasing out its subprime car-leasing division after massive losses – The Brink

Uber is phasing out its subprime car-leasing division after massive losses

Uber plans to discontinue its subprime car-leasing operation as it presently exists, according to The Wall Street Journal. Uber created Xchange Leasing LLC in two thousand fifteen in a bid to disrupt the auto loan industry, but it will now sell off or close most of the business by the end of the year, the Journal reports. (more…)

Twelve Future Car Technologies Worth Talking About – Motor Trend

Twelve Future Car Technologies Worth Talking About

A dozen promising developments on display at Detroit’s annual Society of Automotive Engineers confab

No Obligation, Rapid & Plain Free Fresh Car Quote

It’s a raunchy job sorting through the widgets, gizmos, and candy dishes packed with Halloween leftovers to find evidence of technological solutions to problems we might not have even conceived of as yet, but each year we invest the shoe leather and alimentary distress to bring you news of scientific and manufacturing advances that promise to brighten our collective automobility future. (more…)