BMW, Daimler Planning to Merge their Car-Sharing Services
BMW, Daimler Planning to Merge their Car-Sharing Services
Car2go, in which Europcar has a stake, has 2.8 million members worldwide and operates in 26 cities across Europe, North America and China.

German daily Frankfurter Allgemeine Zeitung reports that automakers Daimler and BMW plan to merge their rival car-sharing services. The newspaper reported today 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.

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