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BMW-Daimler joint mobility company to be established next year

The planned BMW-Daimler joint mobility company (earlier post) will be established at the beginning of next year. Following the approval of the project by the EU Commission, the two partners are continuing talks with the US antitrust authorities.

Completion of the transaction, which was originally planned for 2018 and continues to be pursued by both partners, can no longer be achieved in the remaining weeks of this year, the partners said.

With their joint venture, Daimler AG and BMW Group plan to combine their mobility services in the fields of car sharing; ride hailing; parking; charging and multimodality; and to create one of the leading providers of innovative mobility services.

Both automobile manufacturers want to shape the future of mobility in order to offer their customers unique experiences and to support partners such as cities and municipalities along the way to achieving sustainable urban mobility.

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