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…

The Death of Cars Was Greatly Exaggerated

Personal car ownership in the US has increased in the past 10 years, even in the frenzied urban places where Uber and car-share have become verbs. From a report: According to research from former New York City transportation official Bruce Schaller, the number of vehicles has grown faster than the population in some of the cities where ride-hail is most popular:…

Will Car-Sharing Apps Revolutionize Transportation?

We’re now living in a wrold where customers “can download smartphone apps and rent privately owned cars, usually parked a short walk away in urban areas or residential neighborhoods,” reports the Orlando Sentinel, noting that the rates can be as cheap as $5 an hour — or $400 a day if you want to spend a day driving a Ferrari, Aston…