Carsharing news and trends

Getaround to Restructure, Lay Off 30% of North American Staff
Personnel // February 08, 2024

Peer-to-peer carsharing marketplace Getaround is laying off about 30% of its North American staff as part of a restructuring plan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Getaround CEO Says AI Helps Platforms Monetize Idle Autos
Connected Economy // June 08, 2023

After we shell out $30,000 or $40,000 for a car, it becomes all too easy to forget that our vehicles are often sitting idle for the majority of the day. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Getaround Acquires HyreCar to Strengthen Carsharing Business
Acquisitions // May 15, 2023

Two carsharing companies are coming together as Getaround acquires HyreCar. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Penske Announces Launch Of Carsharing Unit
Ridesharing // October 23, 2019

Transportation company Penske Corporation announced that it is rolling out its new carsharing service in Washington, DC and Arlington, VA, this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Interviews & Exclusives
Getaround CEO Says AI Helps Platforms Monetize Idle Autos

June 08, 2023
After we shell out $30,000 or $40,000 for a car, it becomes all too easy to forget that our vehicles are often sitting idle for the majority of the day. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. […]

The End Of The Uber Experience?

July 05, 2017
Friction is something that I talk and write about a lot. Its abundance in payments and commerce is what inspires innovators to challenge a friction-filled status quo and create something...

Quick Reads
Carsharing Marketplaces Getaround and HyreCar Wind Down US Operations

February 13, 2025
Carsharing marketplace Getaround and its HyreCar business are winding down their U.S. operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]

Getaround to Restructure, Lay Off 30% of North American Staff

February 08, 2024
Peer-to-peer carsharing marketplace Getaround is laying off about 30% of its North American staff as part of a restructuring plan. Get the Full Story Complete the form to unlock this article and...

Getaround Acquires HyreCar to Strengthen Carsharing Business

May 15, 2023
Two carsharing companies are coming together as Getaround acquires HyreCar. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Penske Announces Launch Of Carsharing Unit

October 23, 2019
Transportation company Penske Corporation announced that it is rolling out its new carsharing service in Washington, DC and Arlington, VA, this week. Get the Full Story Complete the form to...