Volkswagen, Toyota partners with ridesharing firms

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Volkswagen, Toyota partners with ridesharing firms

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Toyota and Volkswagen announced separate partnerships with rideshare companies Uber and Gett, in the latest such moves by major carmakers. The deal between Japan’s Toyota and ridesharing titan Uber will create new leasing options enabling car buyers to lease their vehicles from Toyota Financial Services and cover their payments with what they make as Uber drivers. German auto giant Volkswagen said it had made a $300 million strategic investment in Uber competitor Gett, which has a presence in more than 60 countries worldwide including London, Moscow, and New York.

Read about the details of the partnerships on Rappler Business.

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