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Creditors of Autobahn Rent A Car, Shariot group claim S$38 million more, contrary to group’s own estimates

DBS, UOB, OCBC, Teck Wei Credit and Toyota Financial Services list liabilities higher than those listed by the group

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Derryn Wong

Derryn Wong

Published Mon, Dec 22, 2025 · 06:20 PM
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    • Court documents mention that the group has financed some 1,200 cars in recent years, with around S$200 million in related debt.
    • Court documents mention that the group has financed some 1,200 cars in recent years, with around S$200 million in related debt. PHOTO: BT FILE

    [SINGAPORE] A group of 18 related automotive companies – including Autobahn Rent A Car and car-sharing service Shariot – may owe its creditors around S$38 million more than initially projected.

    This is according to updated claims by the group’s creditors in court documents dated Dec 12.

    According to an affidavit dated Nov 28 by Sanjay Kumar Rai, a director of Autobahn Rent A Car and representing the group, the group owes more than S$300 million to over 40 creditors.

    InsolvencyBankruptcyDisputesCarsAutomotive

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