Earlier News: Carsharer Getaround Expands Service in New York
Getaround Closes Business Combination with InterPrivate II Acquisition Corp.
Sam Zaid, Getaround’s CEO and co-founder, and Getaround’s current management team will continue to lead the company.

The business combination was approved at a meeting of InterPrivate II shareholders on Dec. 7 and was unanimously approved by InterPrivate II’s board of directors.
Photo: Canva/Logo: Getaround
Carsharer Getaround has completed its previously announced business combination with InterPrivate II Acquisition Corp.
Getaround’s common stock and warrants started trading on the NYSE under the ticker symbols “GETR” (and “GETR.WS” respectively) on Dec. 9. The business combination was approved at a meeting of InterPrivate II shareholders on Dec. 7 and was unanimously approved by InterPrivate II’s board of directors.
Sam Zaid, Getaround’s CEO and co-founder, and Getaround’s current management team will continue to lead the company.
“Today is a special day for the Getaround team that has worked tirelessly to usher in an era of connected and digital carsharing,” said Zaid. “We are excited to enter into a new chapter as a publicly traded company. Getaround helped pioneer the carsharing category, and we believe consumer adoption is still in its early stages of a large addressable market with secular growth. With our unique and patented technology that enables consumers to instantly rent and unlock nearby cars, we believe Getaround is poised to capitalize on an immense market opportunity. With the capital raised through this transaction and with exceptional partners in InterPrivate and Mudrick Capital Management, we will continue accelerating Getaround’s mission to lead the advancement of carsharing through our innovative, proprietary technology.”
“We are pleased to be able to partner with Mudrick Capital Management, a leading global investment firm, to support Getaround’s public market debut,” said Ahmed Fattouh, chairman and CEO of InterPrivate II, who is joining Getaround’s board of directors. “Getaround continues to position itself to capture market share in the burgeoning carsharing category, offering a fully digital and superior carsharing marketplace. Utilizing its key fundamental technological advantage, Getaround Connect, Getaround is able to provide a seamless and frictionless carsharing experience to deliver enhanced value to its users. InterPrivate II believes Getaround’s listing on the NYSE is just the beginning of its journey, as the company continues to execute on key growth initiatives and lead its peer group as the worldwide leader in asset-light digital carsharing.”
To memorialize the completion of the business combination, Getaround rang the Opening Bell at the NYSE on Dec. 9.
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 →
