Car-Sharing Companies Hit Speed Bumps as Demand Slows, Ride-Hailing Grows

News Description: 

By Adrienne Roberts
Updated July 14, 2017 2:33 p.m. ET
America’s car-sharing industry is struggling as some major operators scale back because of weak demand in certain cities, vandalism and competition from ride-hailing services like Uber.

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.

To read the full story, visit: https://www.wsj.com/articles/car-sharing-companies-hit-speed-bumps-as-de...

News Date: 
Jul 14
Source: 
https://www.wsj.com/articles/car-sharing-companies-hit-speed-bumps-as-demand-slows-ride-hailing-grows-1500024601

 

 

 

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