Uber Will Vouch for Its Drivers to Help Them Finance GM and Toyota Cars
In an effort to boost the supply of cars in its system, Uber will help potential and current drivers finance cars from General Motors and Toyota in six of its 60 cities worldwide. The company says it has secured lower financing rates than the market standard, due to the near-guarantee of revenue generated via its ride-hailing service. It’s not exactly the same thing, but Airbnb also said recently that it plans to help its hosts buy smartphones so they can better manage their listings.
