WSJ - US Business

Car-Sharing Companies Hit Speed Bumps as Ride-Hailing Grows

America’s car-sharing industry is struggling as major operators scale back because of weak demand in certain cities, vandalism and competition from ride-hailing services.

Enterprise Holdings Inc.’s Enterprise Rent-A-Car closed its CarShare membership service in six major cities in recent weeks, following similar moves by other providers.

Car sharing had been clocking a steady increase in the past decade, but membership growth…

WSJ.com: US Business

Click to comment
Loading Facebook Comments ...

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top