car sharing

BMW-Daimler ShareNow car-sharing service to exit US market

BMW-Daimler ShareNow car-sharing service to exit US market

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…

BMW seeking additional partners for its mobility joint-venture

BMW seeking additional partners for its mobility joint-venture

In an interview for the German newspaper Frankfurter Allgemeine Sonntagszeitung, BMW’s newly appointed CEO Oliver Zipse expressed his full openness to attract new partners and collaborators in the mobility services venture. Back in late February…

DriveNow Goes Live in Budapest, with BMW and MINI Models

BMW’s Drive Now is expanding into 5 new boroughs in London

BMW’s Drive Now is expanding into 5 new boroughs in London

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 DriveNow car-sharing service halts operations in Stockholm

BMW DriveNow car-sharing service halts operations in Stockholm

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 Ends Brooklyn Car-sharing Program

BMW’s ReachNow Ends Brooklyn Car-sharing Program

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,…