European Union executive conditionally approves Daimler and BMW car-sharing deal

BMW X1 xDrive25Le images

The European Union’s competition authority stated on Wednesday it had accepted the plan of German automakers Daimler and BMW to combine their car-sharing businesses, subject to conditions. Under the deal, which consists car-sharing units Car2Go and DriveNow along with ride-hailing, parking and charging services, Daimler and BMW will both hold 50 percent stakes in a […]