Uber’s Xchange Leasing program, which allowed Uber drivers to lease new cars that they could pay off by picking up passengers, was heavily criticized for charging lease rates far in excess of what drivers could get elsewhere, but it wasn’t until Uber realized it was losing boatloads of money on the program that it was in jeopardy — and now …
NYS Entity Status
NYS Filing Date
FEBRUARY 15, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - J & S LIVERY LEASING INC.
Around the Web
- Uber Puts An End To Money-Losing Xchange Leasing Program
By Ashlee Kieler - Wednesday Sep 27, 2017
- 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.
- Tech Fix: What You Need to Know About the New Uber
By BRIAN X. CHEN - Wednesday Jun 21, 2017
The company has been dogged by scandal for months. One response: changes to its all-important app.
- News Analysis: As Uber Stumbles, Lyft Sees an Opening, and Bites Its Tongue
By KEVIN ROOSE - Tuesday Jun 27, 2017
It has been a rough, scandal-filled year for Uber. But don’t expect John Zimmer, Lyft’s president, to gloat about his competitor’s misfortunes.
- Lyft to Develop Self-Driving Car Technology in New Silicon Valley Facility
By MIKE ISAAC - Friday Jul 21, 2017
The ride-hailing company is opening a research center in Palo Alto, Calif., and plans to collaborate with automakers and tech companies.