BMW Group and Daimler AG agree to combine mobility services

• Automotive pioneers and innovation leaders to shape sustainable urban mobility of the future.
• Strong alliance to create unique customer offering: seamless, multimodal, fast and readily available.
• Ecosystem for on-demand mobility: single source for CarSharing, Ride-Hailing, Parking, Charging and Multimodality.
• Sustainable solutions for challenges of urban mobility and better quality of life in big cities.
• Joint-venture concept will ensure expansion of digital business models at both companies.

Munich/Stuttgart. The BMW Group and Daimler AG are joining forces to offer customers a single source for sustainable urban mobility services. The two companies today signed an agreement to merge their mobility services business units. Subject to examination and approval by the responsible competition authorities, the BMW Group and Daimler AG plan to combine and strategically expand their existing on-demand mobility offering in the areas of CarSharing, Ride-Hailing, Parking, Charging and Multimodality. Each company will hold a 50-percent stake in a joint-venture model comprising both companies’ mobility services. The two companies will remain competitors in their respective core businesses.

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