ReachNow, the car-sharing and ride-hailing service that is part of a joint venture between BMW Group and Daimler AG, has temporarily suspended operations of ReachNow Ride, the ride-hailing component of… Read More
With regulatory approval cleared, BMW and Daimler today revealed how they plan to invest more than $1 billion in a new joint venture that includes various transportation services across the… Read More
BMW ReachNow CEO Steve Banfield, who helped the German carmaker grow its car-sharing service in the U.S., is stepping down from the role, GeekWire has learned. Banfield took the reins… Read More
European auto giants Daimler and BMW, whose car-sharing services compete in Seattle and other U.S. cities, have agreed to combine their “mobility services business units,” in a bid to dominate the… Read More
Big automakers continue to make defensive moves against the competitive threat posed by ride-hailing services, such as Uber and Lyft. General Motors has acquired most of the assets of the… Read More