Ethoz Group launches new car rental service

AUTOMOTIVE solution and financial services provider, Ethoz Group, has launched a new car rental service in Singapore through a wholly-owned subsidiary, Ethozcab.

Ethozcab will progressively roll out, in the months to come, a fleet of vehicles catered to interested hirers who are considering or are already providing private hire chauffeur services for corporate clientele; or as agents for private hire transportation networks, such as Uber and Grab.

Daily rental rates for hirers start from S$50. The new car rental service provider extends its hirers several incentives including free basic servicing and maintenance, free comprehensive commercial insurance, servicing rebates, and accident-free rebates.

Ethoz Group is also providing its hirers access to repair workshops located in the east and west of Singapore and 24 by 7 breakdown towing service and accident reporting hotline to assist customers.

"Technology and connectivity have disrupted traditional business models," said Cindy Oh, chief executive officer of Ethoz Group. "The rising prominence of the share economy has allowed resources to be deployed more effectively to meet public demand. Ethozcab embodies our evolving business model to accommodate this paradigm shift. This is the future of business."