cars r us leasing inc

34-37 francis lewis blvd.
flushing, new york 11358

NYS Entity Status
ACTIVE

NYS Filing Date
AUGUST 01, 2014

NYS DOS ID#
4616073

County
QUEENS

Jurisdiction
NEW YORK

Registered Agent
NONE

NYS Entity Type
DOMESTIC BUSINESS CORPORATION

Name History
2014 - CARS R US LEASING INC









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  • Around the Web

  • Uber Shutting Down U.S. Car-Leasing Business
    Wednesday Sep 27, 2017

    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.

    Source: The Wall Street Journal: U.S. Business
  • Uber Plans to Wind Down U.S. Car-Leasing Business
    Tuesday Aug 8, 2017

    Uber plans to wind down its U.S. subprime car-leasing division to stem unsustainably high losses, a major retreat just two years after starting the business.

    Source: The Wall Street Journal: U.S. Business
  • How to end a car lease
    By foxnewsonline@foxnews.com (Fox News Online) - Friday Aug 4, 2017

    Source: Fox News
  • Uber planning to sell or consolidate car leasing program
    By Olivia Zaleski - Tuesday Aug 8, 2017

    The ride-hailing company’s board determined Xchange Leasing, a wholly owned subsidiary, is unsustainable and should be sold or consolidated into a smaller unit within Uber, according to a person familiar with the plans.Xchange currently offers 40,000 vehicles for lease through 14 showrooms in the U.S. As many as 500 jobs could be affected by the sale of the company, according to the Wall Street Journal, which reported the news Tuesday.Following a stream of controversies earlier this year, investors have urged the San Francisco company to consolidate its business and cut costs in preparation for an eventual public offering.[...] last week, the Wall Street Journal reported that Uber knowingly leased unsafe cars in Singapore that were prone to catch fire.Uber’s board, which is acting in the absence of a chief executive officer, decided to close out the Xchange program before they had been briefed on the safety matter in Singapore, according to the person familiar with the discussions.

    Source: SFGATE.com: Business and Technology News