Toyota Financial Services Announces Partnership with Launch Mobility

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Companies will collaborate to develop a product to enable rideshare drivers while leveraging the extensive Toyota dealership network

PLANO, Texas, Nov. 15, 2017 /PRNewswire/ — Toyota Financial Services (TFS) has announced a partnership with Launch Mobility, a developer of shared mobility solutions. Both companies recognize the growing importance of mobility services and offer distinctive capabilities to address market needs. Together, TFS and Launch Mobility intend to develop a product that will make previously leased vehicles available for short-term rentals to rideshare drivers. The companies will be able to draw upon an array of resources across the Toyota organization:

  • alignment with Toyota Motor Corporation’s global Mobility Services Platform (MSPF), developed and operated by Toyota Connected;
  • input from Toyota’s network of dealers who are able to offer a vital perspective on vehicle sales and maintenance;
  • and access to the TFS field teams to market test a new solution.

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