The Trader Harbor
  • Business
  • Politics
  • World News
  • Stocks
  • Business
  • Politics
  • World News
  • Stocks

The Trader Harbor

Business

What’s Turo? The ‘Airbnb of cars’ was used in New Orleans and Las Vegas incidents

by admin January 4, 2025
January 4, 2025
What’s Turo? The ‘Airbnb of cars’ was used in New Orleans and Las Vegas incidents

An online car rental service is under scrutiny after it was used in two incidents Wednesday.

The platform, Turo, is known as an “Airbnb of cars,” as it allows individual car owners to rent out their vehicles. Vehicle owners, known as “hosts,” can post cars to Turo’s website, where people can then rent them, with payments made through the platform.

Turo acknowledged it was used in both incidents in an online statement posted Wednesday.

‘It is with a heavy heart that we confirm that this morning’s horrific attack in New Orleans and this afternoon’s Tesla Cybertruck explosion in Las Vegas both involved vehicles rented on Turo,’ the company said. ‘Our thoughts and prayers are with the victims and their families.’

It said it did not believe the individuals who may have rented the autos involved in the incidents had criminal backgrounds ‘that would have identified them as a security threat,’ and that it was not aware of any information that indicates the two incidents were related. 

Turo

Turo said in a statement Thursday afternoon that the vehicles’ renters had valid driver’s licenses and clean background checks and that they were honorably discharged from the U.S. military.

‘They could have boarded any plane, checked into a hotel, or rented a car or truck from a traditional vehicle rental chain,’ Turo said. ‘We do not believe these two individuals would have been flagged by anyone — including Big Rental or law enforcement.’

Investigators had said earlier that Turo was used to rent a pickup truck that plowed through New Orleans revelers early Wednesday and procure a Tesla Cybertruck that was filled with explosives and burst into flames outside Trump International Hotel in Las Vegas.

Authorities have preliminarily said the service’s use in both incidents is a coincidence. On Thursday afternoon, authorities said there was not a definitive link between the two incidents.  

Turo, previously known as RelayRides, was created in 2009. It came of age during the broader boom in peer-to-peer startups, like Airbnb and Uber, that sought to disrupt many traditional markets including rentals of houses, automobiles and even swimming pools.

But with that disruption came concerns about security. For years, peer-to-peer platforms like Turo have faced criticisms after cars have been stolen to be used for nefarious purposes. The companies have previously responded that such incidents are exceedingly rare. However, over an approximately four-month period between October 2019 and February 2020, NBC News found some 49 reports of motor vehicle thefts in Washington, D.C., involved cars rented from Turo or its rival, Getaround, representing 6% of all incidents during the period.  

As of Sept. 30, Turo had about 150,000 active hosts worldwide, with 350,000 active vehicle listings and 3.5 million active guests participating on its marketplace, according to a company filing.

Turo’s website tells hosts that they are “safe” in trusting the platform because Turo “screen(s) each guest,” so hosts can be “confident when they hand over” their keys. 

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
The plane that crashed in South Korea is one of the world’s most popular aircraft
next post
MIKE POMPEO: New Orleans terror a reminder Team Biden took wrong ‘threats’ seriously and ignored real dangers

Related Posts

Boeing to raise as much as $25 billion...

October 16, 2024

Mortgage rates are now at the highest level...

April 19, 2024

Dollar General CEO warns consumers are cash-strapped and...

March 14, 2025

Trump Media jumps more than 9% after CEO...

April 25, 2024

Johnson & Johnson to pay $6.5 billion to...

May 5, 2024

Applebee’s and IHOP are launching co-branded locations with...

March 9, 2024

Home Depot is buying GMS for about $4.3...

July 1, 2025

Tesla asks shareholders to vote again on Musk’s...

April 18, 2024

U.S. added 275,000 jobs in February, more than...

March 10, 2024

Starbucks to lay off 1,100 corporate workers as...

February 25, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • The Real Drivers of This Market: AI, Semis & Robotics

      December 31, 2025
    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

      December 31, 2025
    • Sen Jim Justice says Republicans are ‘lousy’ at knowing what everyday Americans think about healthcare

      December 31, 2025
    • Anti-Iran regime protests grow across country as Trump admin boosts demonstrators offering support

      December 31, 2025
    • DOJ’s second-in-command could be central to ‘vindictive’ prosecution of Abrego Garcia, judge rules

      December 31, 2025
    • Putin residence drone attack dismissed as ‘implausible’ as Ukraine accusations mount

      December 31, 2025

    Categories

    • Business (1,444)
    • Politics (5,381)
    • Stocks (1,863)
    • Uncategorized (45)
    • World News (1,437)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheTraderHarbor, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thetraderharbor.com | All Rights Reserved