Car-Hailing Increases Singapore's Rental Car Segment
Singapore’s rental car population continues to expand due to the popularity of car-hailing companies such as Uber and Grab.
A Uber user requests a ride through the app. Photo courtesy of Uber.
A Uber user requests a ride through the app. Photo courtesy of Uber.
Singapore’s rental car population continues to expand due to the popularity of car-hailing companies such as Uber and Grab, according to a report by The Strait Times.
There are now over 40,000 rental cars in Singapore, according to the latest figures from the Land Transport Authority. This is 40% more than the end of 2015, according to the report.
Singapore’s rental car fleet has expanded by 173% since 2012, the year before Uber and Grab started, according to the report. Uber accounts for nearly 15,000 vehicles while Grab accounts for around 10,000 vehicles.
Currently, Singapore’s car-hailing segment is almost the size of the cab population of 28,000 vehicles, says the report.
Click here for the full Straits Times report.
More Rental Operations
Rethink The Future To Avert A Race To The Bottom
Rental car operators heard a sobering industry message and a stern challenge at the close of the International Car Rental Show.
Read More →
DriveItAway, Free2move Plan Shared Fleet Program for Independent Rental Fleet Operators
Vehicles would be placed with participating rental operations to support car renter demand and provide additional fleet capacity.
Read More →
Stellantis Recalls 1.3 Million Jeep Vehicles Worldwide Over Fire Risk
Stellantis is recalling more than 1.3 million Jeep Wrangler and Gladiator models worldwide over a fire risk linked to power steering pump wiring.
Read More →
Green Motion And U-Save Open Rental Operations In Guatemala
The brands will open their first rental car outlets in the country at La Aurora International Airport in Guatemala City.
Read More →
U.S. Business Travel Drives $623 Billion+ in Economic Impact as Spending Reaches $538 Billion
The data also underscores the industry’s strong multiplier effect across the U.S. economy, revealing that each dollar invested in business travel in 2024 generated $1.16 in GDP.
Read More →
Rental Fleet Sales Skating Just Above 2025 Levels
The U.S. economy's continued growth and positive business investment are creating a favorable environment for fleet vehicle demand.
Read More →
Grow Your Rental Business Beyond Cars
Rental fleet operations are facing numerous evolving challenges and opportunities from AI technology to rate and revenue management, to customer service and business growth.
Read More →
Using AI to Create Clarity, Not Conflict, in Rental Car Damage
Rental companies still need people, policy, judgment, and thoughtful implementation, with operators remaining in control of the customer experience.
Read More →
Get Ready To Roll: No Stopping Self-Driving Rental Cars
The autonomous mobility technology revolution will move at its own pace, but sooner rather than later.
Read More →
Southwest Airlines Selects CarTrawler For Its Car Rental Booking Platform
The platform is designed to allow customers to compare and book rental vehicles more easily during the travel booking process.
Read More →