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 18, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - OSEEKA CAR LEASING INC.
Around the Web
- Uber Shutting Down U.S. Car-Leasing Business
Wednesday Sep 27, 2017
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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 …
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- 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.