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Getaround, a San Francisco-based peer-to-peer car sharing service, has raised $24 million in Series B financing led by automotive giant Cox Automotive — owner of AutoTrader, Kelley Blue Book and Manheim Auctions.
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Peer-to-peer car-sharing company RelayRides has raised $25 million in Series B funding, bringing its total funds raised to $44 million.
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A judge of Arizona’s Maricopa County Superior Court has ruled that a car rental tax can’t help pay off the Cardinals Stadium in Glendale, Ariz. Taxes imposed on the use of vehicles are restricted to funding road construction, maintenance and related purposes.
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A total of $305.5 million was released for the planned Consolidated Rental Car Facility and other roadway improvements at Maui’s Kahului Airport.
Read More →The state of Hawaii is asking for bids to help fund a temporary car rental facility at Honolulu International Airport.
Read More →The European Investment Bank loaned Bollore $98 million to continue its Autolib car sharing service throughout France.
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