Lyft is making its boldest international move yet by acquiring European taxi-hailing platform FreeNow from German automotive giants BMW and Mercedes-Benz for approximately €175 million ($197.4 million) in cash. The deal marks Lyft’s first expansion…
While car makers are struggling to make cars every bit as eco-friendly as possible, one better way to save our planet would be to simply buy less. Selling less cars means less are made and,…
According to Reuters, the ‘FREE NOW’ taxi ride-hailing service run by Daimler and BMW announced on Thursday a corporate restructuring. The new plan brings job cuts, along with a new merger. The “FREE NOW” is…
After announcing surprising gains on the ride-sharing market with their FreeNow service, BMW and Daimler announced earlier this week that they will be reviewing their business model on the car-sharing segment. The two German companies…
On April 29, DriveNow, part of the SHARE NOW car-sharing service co-owned by the BMW Group, debuted in the Central and Eastern Europe region, the first city to have this honor being the capital of…
A car-sharing app from Poland decided to go green this year and managed to order the largest BMW i3 fleet ever assembled for its drivers. 500 BMW i3 cars were delivered in the capitol city…
BMW’s car-sharing service Drive Now is expanding into five new boroughs in London – Westminster, Barnet, Tower Hamlets, Southwark and Brent. The expansion will bring an additional 410 BMW and MINI vehicles. Currently, the DriveNow program…
BMW and Mercedes plan locate the headquarters of their proposed global mobility company in Berlin. The two partners are purposely seeking to establish this innovative mobility services provider outside of their respective Group structures in…
BMW’s DriveNow car-sharing service halted operations in Stockholm after failing to attract enough interest from residents, according to Bloomberg. In a statement, BMW said that the number of customers was lower than expected, while the…
BMW’s ReachNow car-sharing program will be ending its free-floating service in Brooklyn, due to a large amount of damage to vehicles and high maintenance costs. “Despite great interest and support from the community in Brooklyn,…
Popular this week
