Company Casebook: Peer-to-peer car rental business Turo

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Linda Lewis (1)

Company Casebook: Peer-to-peer car rental business Turo

Linda Lewis (1)
Original Broadcast:

Share Radio Afternoon

Company Casebook: Peer-to-peer car rental business Turo
Have you ever thought about the speed with which cars depreciate in value and how little they're used for a major asset? If so, you'll immediately see the logic behind the latest sharing economy business model which has just arrived in Britain. It's a peer-to-peer car rental business called Turo - car owners rent out their cars to travellers, with Turo taking a percentage of the proceeds. Their CEO and some of his top team spoke to Share Radio's Linda Lewis on Company Casebook this week, explaining why they've chosen the UK as their first big expansion after North America and more.

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