Luxury Car-Sharing Service HiGear Shuts Down Due To Theft

San Francisco-based?HiGear, a peer-to-peer car-sharing service focused on luxury vehicles, is shutting down due to theft incidents involving its members' cars. According to CEO?Ali Moiz, the company will send out an email tomorrow to its members with a full explanation. The news may come as a shock to some, given that HiGear was seemingly doing so well in recent months. The company had expanded to L.A. in November, and was planning expansions to additional markets,?including Portland and San Diego, by year-end.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/zEzIpLcKztA/

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