Ford Expands Flexible-Lease Pilot With Uber
June 01 2023 - 06:46AM
Dow Jones News
By Will Feuer
Ford Motor said it is expanding its pilot program that offers
flexible leases on the electric Mustang Mach-E to drivers on Uber
Technologies' ride-sharing platform.
The Dearborn, Mich., auto maker launched the flexible-lease
pilot with Uber in 2022, starting in San Diego. The pilot is now
expanding to San Francisco and Los Angeles.
The flexible leases allow eligible drivers to lease a Mach-E for
between one- and four-month increments, depending on the location.
The electric vehicle is delivered to the driver within two weeks,
and they can use a Ford app to manage payments and service.
Ford said it will work with dealers in participating cities to
purchase a fleet of Mach-Es for use in the program.
Bill Knapp, who leads the program, called Ford Drive, for Ford,
said initial feedback from the program was strong.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
June 01, 2023 06:31 ET (10:31 GMT)
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