- Available before year-end, Verizon Auto Share will allow users to find a vehicle, unlock it, and drive away within minutes. Not getting into the auto rental business, Verizon (NYSE:VZ) will work with rental companies and others, using its network to hook up drivers and vehicles quickly and securely.
- Pricing hasn't been announced, but businesses will be charged monthly based on how many cars are connected and whether they are equipped with W--Fi and/or other add-ons.
- The services will be demonstrated at ITS World Congress in Detroit this week.
- Source: Press Release