Fair to acquire Canvas from Ford Credit.

Fair, a vehicle subscription app firm, agreed to acquire Canvas, a vehicle subscription services provider and a wholly-owned subsidiary of Ford Motor Credit. Financial terms were not disclosed. “Canvas has built innovative subscription products that are relevant to consumers today, and like Fair, has opened up new ways for consumers to gain access to mobility. This acquisition underscores our shared commitment to providing consumers with the car they want on their own terms,” Georg Bauer, Fair Chairman, and Co-founder.