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Uber to sell its leasing business

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in Auto News

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Prototype from Uber’s fully autonomous ride-sharing fleetUber is ready to sell off its two-year-old Xchange leasing program, according to multiple reports. Earlier in 2017, Uber announced it was planning on ending the program due to heavy losses. While the company had previously estimated losses averaging nearly $500 per car, new revelations place that figure closer to $9,000. On every car. Leasing...

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