Luxury carmakers BMW and Daimler have announced that they will ditch their joint carsharing scheme in North America and scale back the service in Europe, citing lower than expected take-up in a "complicated" market.
The move comes less than a year after the German rivals launched their Share Now scheme to great fanfare as part of a plan to join forces and pour €1bil (RM4.59bil) into the "mobility services" of the future.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!