IMS and Turo team up on telematics

Vehicle and driving data company IMS has partnered with car sharing marketplace Turo to offer a telematics-based vehicle security package to car owners using its platform. Vehicle owners using Turo can get IMS’ telematics hardware installed in their vehicles, with security specialists W4G providing ongoing monitoring and theft recovery services.

IMS said it hoped the partnership would increase adoption of the Truro marketplace in the UK.

Leon Hurst, CEO of mobility solutions for IMS, said: “The principle behind peer-to-peer car sharing is just like Airbnb, but for cars instead of houses. Turo users (guests) can rent anything from a Lamborghini to a Fiat 500 through the platform, and owners (hosts) right across the spectrum can get extra peace of mind and confidence from knowing that their vehicle benefits from professional protection against theft or misuse.

“People in the UK have taken to Airbnb like ducks to water, but they have seemingly been a little more reserved when it comes to loaning out their cars. We expect that the access to anti-theft technology through Turo will help allay any remaining concerns and unlock the potential for owners of under-utilised vehicles to earn significant extra income.”

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