Toyota Launches Kinto, a New Brand That Combines Car Sharing, Carpooling and Subscription-Based Leases, in Europe

Toyota wants to evolve from a car-maker to a mobility company. An anonymous reader shares a report: To do that, it’s launching Kinto, a new brand that will provide full-service leasing, car sharing, carpooling and subscription-based leases. Unfortunately, those offerings will only be available in Europe. Toyota is evaluating other services, like ride-hailing and a multi-modal app, and says it will work with cities, companies and individuals. The full service-leasing, Kinto One, will combine the lease, service and insurance in a single monthly payment. The car sharing service, Kinto Share, will offer hybrid vehicles. The carpooling, Kinto Join, will emphasize the opportunity to reduce carbon emissions, and Kinto Flex, the subscription-based car leasing, will offer greater flexibility.