Toyota has announced the official launch of KINTO, a new company to manage and operate its car subscription service. KINTO is funded by Toyota Financial Services and Sumitomo Mitsui Auto Service Company. “As society shifts from conventional car ownership to car usage that can be enjoyed...
Customers who need long-term vehicles now have options other than just buying or leasing. Several automakers, mainly from the luxury market, are turning to subscriptions to give consumers more flexibility and access to their vehicle lineups. The following Deep Dive looks at the rise of...
The subscription market is rapidly changing, as legacy players and new companies compete for subscribers. However, while this growth is good news for many in the space, the market is becoming more competitive, and subscription-based companies are learning an important lesson: Embrace change or get...
The world being created by ridesharing services is one of aggressive corporate expansion, political action, payments development, socio-economic uncertainty and gig economy growth. Now comes the real fun, theater and drama. Anyone interested in payments and commerce already knows that the two main rivals in...
June 04, 2019
Mercedes-Benz has announced it is celebrating the one-year anniversary of its luxury vehicle subscription service by expanding the program to Atlanta, Georgia. In addition, Mercedes-Benz Collection is expanding its Nashville, Tennessee offering to include the Premier tier. In the weeks ahead, Atlanta will also test a new subscription tier made up exclusively of the company’s […]
February 06, 2019
Toyota has announced the official launch of KINTO, a new company to manage and operate its car subscription service. KINTO is funded by Toyota Financial Services and Sumitomo Mitsui Auto Service...
