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Source: https://www.hardwarezone.com.sg/tech-news-tribecar-car-club-acquisition-car-sharing-singapore Tribecar has just announced the acquisition of Car Club. According to them, this is the biggest buyout ever in the local car-sharing scene. Established in 1997 by NTUC Income, Car Club was one of Singapore's first car-sharing operators. In 2016, it was acquired by a Japanese company, Mitsui & Co. Ltd, which later entered a joint venture with another Japanese company, Willers. Terms and details of the acquisition were not revealed. Adrian Lee, Co-Founder of Tribecar, said: Lewis Chen, General Manager of Car Club, had this to say: Moving on, Tribecar said that members of Tribecar and Car Club will get to enjoy services and features that are currently offered exclusively on platforms. They did not mention specifics but said that it would include various subscription plans and corporate programmes. But perhaps more importantly, members will get access to a larger fleet of vehicles and at more locations. Combined, Tribecar and Car Club will have a fleet of over 1,400 vehicles. Tribecar said members will get to enjoy a greater range of premium luxury car options and a wider range of vehicle types such as motorcycles, vans, and lorries, that can be booked via hour bookings or even through monthly subscriptions and leasing plans.

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