Uber struggling to dispose of its sizeable fleet six months after pullout

Cars from Lion City Rental at the Big Box carpark in Jurong on Sept 24, 2018.
Cars from Lion City Rental at the Big Box carpark in Jurong on Sept 24, 2018.ST PHOTO: BENJAMIN SEETOR
Many of its cars - mostly Mazda 3 sedans and Honda Vezel crossovers with low mileage - were also advertised on online portals.
Many of its cars - mostly Mazda 3 sedans and Honda Vezel crossovers with low mileage - were also advertised on online portals.ST PHOTO: BENJAMIN SEETOR
Lion City Rental cars parked at the Big Box carpark in Jurong on Sept 24, 2018.
Lion City Rental cars parked at the Big Box carpark in Jurong on Sept 24, 2018.ST PHOTO: BENJAMIN SEETOR

SINGAPORE - The Uber-owned vehicle leasing operator, Lion City Rentals, still has several thousand cars - many unhired - in its fleet, six months after the American ride-hailing firm pulled out of Singapore.

The Straits Times understands that Lion City intends to close down, and has been trying to dispose of the fleet. For a number of months now, it has been putting up cars for bidding by rental fleet owners and used car dealers.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.