» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X

Forgot your password?
Skip Navigation LinksHome > Article
VOL. 42 | NO. 3 | Friday, January 19, 2018

Report: Daimler, BMW to merge their car-sharing services

Print | Front Page | Email this story

BERLIN (AP) — German daily Frankfurter Allgemeine Zeitung reports that automakers Daimler and BMW plan to merge their rival car-sharing services.

The newspaper reported Wednesday that the companies could announce a merger of their car2Go and DriveNow services in February.

BMW and Daimler declined to comment on the report.

Car-sharing services are popular with young, urban drivers unwilling or unable to buy their own car.

But competition is fierce: Citroen's Multicity car-sharing service ceased operating last year after struggling against its larger rivals.

DriveNow, which is part-owned by rental firm Sixt, has one million registered users worldwide and operates in 13 European cities.

Car2go, in which Europcar has a stake, has 2.8 million members worldwide and operates in 26 cities across Europe, North America and China.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email  
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0