Uber draining carmaker profits in Brazil

Japan News | Dec 15, 2019 at 7:42 PM
  • SAO PAULO (Reuters) — Like many Uber drivers in Sao Paulo, the ride-hailing app’s busiest city in the world, Augusto Caio Pereira does not actually own or lease the car he nudges through the city’s notorious traffic jams every day.
  • Instead, he rents Brazil’s best-selling car, the Chevrolet…