"The plan we have for buses is to be able to digitize any line in the country via an aggregator like Reservamos or its website," said Aarón Grave, development director of Reservamos in a recent interview.
"I am delighted to announce Sam Zales' promotion to President and Chief Operating Officer. Sam is an extraordinary leader with a strong track record of results at CarGurus," said Langley Steinert, Founder, CEO and Chairman of CarGurus.
Currently ZoomCar's fleet sits at just over 7000 vehicles, with only 5% of which are electric. CEO Moran said that electric cars are their big focus currently, but the company still has a lot of work to do in that area.
LeasePlan attributes the downturn in earnings to its performance in Germany and Turkey. Impairments were taken to recognize losses in Germany related to a number of loss-making contracts and in Turkey related to the depreciation of the Turkish lira.