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Toyota, Uber Latest to Join Forces in Ride-Sharing Rush

May 25, 2016 /

"Toyota Motor Corp and Uber said on Tuesday they would partner to explore ride-sharing, including an investment by the Japanese automaker in the on-demand ride company, the latest in a wave of high-profile partnerships between carmakers and ride-sharing services. Toyota and Uber will create new leasing options in which car purchasers can lease their vehicles from Toyota Financial Services and cover their payments through earnings generated as Uber drivers, the companies said in a joint statement."