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Uber is shaking up the rental-car business

Discussion in 'Other Car Rental Programs' started by sobore, May 15, 2017.

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  1. sobore
    Original Member

    sobore Gold Member

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    http://www.businessinsider.com/uber-vs-rental-car-business-2017-5
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    Undercutting competition by burning unlimited amounts of investor cash is part of Uber’s business model.

    Shares of rental-car conglomerate Hertz Global Holdings closed at $14.98 on Friday, after reaching an all-time low of $14.32 on Thursday. These shares have only been around since last June, when Hertz spun off its equipment leasing division. They’ve plunged 73% from their high last July.

    http://www.businessinsider.com/uber-vs-rental-car-business-2017-5
     
    tommy777 and uggboy like this.
  2. alexsmith84

    alexsmith84 New Member

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    I used to drive a rental car too when i was working for uber. This is really easy way to get some money. But still not that much due to a rental duties and stuff...
     
  3. oliverbierhoff

    oliverbierhoff Active Member

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    Well it's not just the technology Uber is providing, but its's the 21st century lobbying they are doing where they allow children of top level politicians in the directors list. :/
     
  4. AnnaHell

    AnnaHell New Member

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    Thank you for the link, it's very interesting.
     

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