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Hyundai invests in Australian car-sharing

Jump the shark: Car Next Door co-founder Will Davies recently appeared on Channel 10’s Shark Tank, receiving a $300,000 investment from technology entrepreneur Steve Baxter.

Car Next Door receives investment from HMCA, allows users to rent private vehicles

4 Jul 2018

 - Hyundai Motor Company Australia (HMCA) has announced its investment in and collaboration with Australian peer-to-peer car-sharing company Car Next Door, which will see privately-owned Hyundai vehicles rented out when they are not being used.

 

- Set to launch by the end of next year, this service will be delivered through new versions of Hyundai’s AutoLink in-car unit and smartphone application that are currently under development, which will allow owners to list their vehicles for rent by the hour or day to vetted Car Next Door users.



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