Uber Technologies Inc. on Wednesday confirmed it is shutting down its U.S. auto-leasing business, months after it discovered it was losing 18-times more money per vehicle than previously thought.
NYS Entity Status
NYS Filing Date
APRIL 02, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2014 - AUTHORIZED AUTO LEASING LLC
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Uber said it took “swift action to fix the problem” after learning of the auto fire and worked with Singapore officials on its response.“We acknowledge we could have done more — and we have done so,” a spokesman for the company wrote in an email.Since the beginning of the year, we’ve proactively responded to six vehicle recalls and will continue to do so to protect the safety of everyone who uses Uber.In January, Uber paid $20 million to settle a U.S. Federal Trade Commission lawsuit, saying the company made false or misleading claims about its leasing program, among other alleged violations.
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