ETHOZ Group Launches ETHOZCab into Singapore's Private Hire Car Industry

SINGAPORE, June 6, 2016 /PRNewswire/ -- Today, ETHOZ Group, an automotive solution and financial services company, announced their launch of a new car rental service called ETHOZCab into Singapore's private hire car industry.

In the months to come, ETHOZCab, a wholly owned subsidiary of ETHOZ Group, will progressively roll out a fleet of vehicles catered to interested hirers who are considering or are already providing private hire chauffeur services for corporate clientele; or as agents for private hire transportation networks, such as Uber, Grab and more.

Hirers are eligible for the following incentives when they sign up for ETHOZCab:

1. Low daily rental rates starting from S$50.
2. Affordable rental deposit amount
3. Free basic servicing and maintenance
4. Free comprehensive commercial insurance
5. Servicing rebates
6. "Accident-free" rebates

"Technology and connectivity have disrupted traditional business models," said Cindy Oh, Chief Executive Officer of ETHOZ Group. "The rising prominence of the share economy has allowed resources to be deployed more effectively to meet public demand. ETHOZCab embodies our evolving business model to accommodate this paradigm shift. This is the future of business."

With over 30 years of experience in the automotive industry, ETHOZ regularly renews their vehicle fleet to offer newer and more technologically advanced vehicles to their customers. Among the available vehicle models for hire include Mazda 3, Toyota Altis and other fuel efficient models.

In addition, hirers will be further supported by ETHOZ Group for the following automotive services which include:

1. Established repair workshops located in the East and West of Singapore for accessibility convenience
2. Available 24/7 breakdown towing service
3. Available 24/7 accident reporting hotline to assist customers

Anyone fulfilling the following requirements is eligible to apply as a private hire chauffeur:

1. Singapore Citizen or Permanent Resident
2. Age between 21 and 60 years old.
3. Valid Class '3' Driving License.
4. Hirer must be a corporate entity registered under business activity 49219 (Private Car for Hire with Operator) who is either a sole-proprietor or partnership registered with ACRA.

Interested parties can contact the ETHOZCab hotline at 6654 8888 or email us at contactus@ethozgroup.com for more information.

About ETHOZ Group

ETHOZ Group, incorporated since 1981, is a market leader in integrated automotive solutions and a forerunner in the financial services market in Singapore, providing capital financing and equipment leasing services. The Company also has offices in Malaysia and in all the major cities in China.

At ETHOZ, It's All About Value. ETHOZ is accessible through their website www.ethozgroup.com.

For media enquiries:

Herbert Sim
Marketing Manager
ETHOZ Group
+65 6654 7790
Herbert.sim@ethozgroup.com

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