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Mercedes, BMW Go Back to Basics With Retreat From Urban Rentals

Published: May 3, 2022

(Bloomberg) -- Mercedes-Benz AG and BMW AG pioneered a service that allowed city-dwellers to rent a car by the minute, but after more than a decade of struggling to make money, they’re returning to their roots.

Source: bloombergquint.com

BMW and Mercedes-Benz to Sell Their Car-Sharing Joint Venture Share Now to Stellantis

Published: May 3, 2022

Car sharing, although a bright idea, has seen a difficult adoption, especially in the light of the pandemic restrictions. With more clouds on the horizon...

Source: autoevolution.com