Regulators Probe Uber's Vehicle Leasing Program

Posted on August 13, 2015
SAN FRANCISCO -- The California Public Utilities Commission is investigating Uber's car-leasing program for drivers, saying it could violate the 2013 law that legalized the car-booking company.

The CPUC said this week it is looking into the growing number of drivers who work for Uber, Lyft and similar companies using leased or rented cars to transport passengers. Uber last month announced a pilot car-leasing program for prospective drivers -- people who want to drive for UberX, the company's lower-cost ride service, but don't own a car.

San Jose Mercury News article here

Related Topics: California operators, California Public Utilities Commission, CPUC, fleet financing, lease financing, TNCs, Uber, vehicle leasing

Comments ( 3 )
  • gustavo Chacon

     | about 5 years ago

    Love the terms : level the playing Field , This is in The 305 MIA , The Oppressors( The Taxis) are now The Oppress) The level went from The Taxis to The TNC (The New Oppressors). They want the TNC to get "A" Rated insurance while they have "Self Ins." and their limit is $250,000 Much less than The Limos (The Old oppress) According to Public Records The limo was Here Only to Protect Their Medallions . How this World Spins !

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