Volkswagen exits German car-sharing business
VW to sell its WeShare unit, citing lack of profitability
Source: timesofmalta.com
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VW exits German car-sharing business
FRANKFURT — Volkswagen (VW) on Tuesday became the latest German auto giant to get rid of its car-sharing business, after it too struggled to make a profit in the emerging sector.VW said it was selling its WeShare unit, which offers around 2,000 all-electric cars for hire in Hamburg and Berlin, to German company Miles Mobility.No financial details were disclosed."We made it
Source: jordantimes.com