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 […]

Sixt CEO signals car-sharing merger talks of BMW and Daimler

Sixt rent a car logo

German automakers Daimler and BMW could be in talks to integrate their car-sharing services Car2Go and DriveNow, the CEO of automobile rental company and DriveNow partner Sixt hinted. Daimler and BMW have talked about pooling their car-sharing services to better contend against ride-hailing business like Uber and Lyft which have begun providing pay-per-use mobility services […]