TECHGuru

  Corporate car sharing is a service provided by companies, organizations, and corporations, which offers transportation services for their employees. A company can operate a car-sharing service on its own, or can hire an external service provider. Companies benefit from corporate car-sharing, as it enables employees to stay punctual, reduces fleet management cost for the company, and eliminates the need for a large parking lot. Companies with considerable number of employees prefer to provide corporate car-sharing services. The global corporate car sharing market is primarily driven by the expansion of the industrial sector. Global companies are expanding their footprint across the world, which in turn generates a demand for transportation of employees. A shared car can replace about eight private cars, which in turn reduces road traffic and results in fuel saving as well as reduction in pollution. Governing bodies have implemented stringent regulations on large corporations to r...