The German arm of BMW’s car-sharing platform DriveNow has denied press reports that BMW is currently in discussions with Daimler about merging DriveNow with Daimler’s car-sharing platform, Car2Go.
On Thursday, reports surfaced in Germany that the manufacturers were in fairly advanced negotiations to bring the two under a common platform, with the potential for other mobility services to be brought into the deal.
DriveNow is actually the result of a joint venture between BMW and car rental firm Sixt, and Sixt told the press that such a merger was not going to happen.
Shortly after, DriveNow’s German Twitter account tweeted: “We are currently neither in merger talks with car2go, nor are we negotiating closer cooperation.”
Despite this, reports have continued to surface in the UK about the potential merger. When contacted by Motor Finance, DriveNow denied such talks were taking place.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData