ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Toyota invests in US car-share startup Getaround

PALO ALTO, U.S. -- Toyota Motor is wading into the emerging field of peer-to-peer car sharing with an investment in a California startup, joining the ranks of major global automakers such as BMW and Ford Motor.

The leading Japanese car manufacturer invested in San Francisco-based Getaround via a fund created jointly with Japanese asset manager Sparx Group and others. The startup is thought to have received around $10 million from the fund, and how big a stake that provides has not been disclosed.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more