Chinese car-sharing companies, which allow consumers to rent vehicles for a short period, are facing cash-flow pressure as income trails the high cost of fleet operation and maintenance. Among them, Beijing-based Togo is facing a crisis amid consumer complaints about the company’s failure to return individual deposits of 1,500 yuan (US$218).
Read the full story at https://www.shine.cn/biz/auto/1812267258/
SOURCE: SHINE
tags:
automobile
