Car-sharing service Car2Go ceases service in Toronto over prohibitive parking regulations

Car2Go is considered one of the most recognizable and popular car sharing services which has allowed many Canadians to get by without owning a car, which can be expensive in a city like Toronto where most of the parking spaces have been converted into high-rise condos.

Car2Go, which has 80,000 customers in Toronto, announced it is shutting down operations in the downtown core due to what it calls prohibitive parking permit fees. The familiar blue and white SmartCar vehicles will soon disappear from 350 parking spaces in Toronto.

Click to read more ...