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BMW and Daimler agree to merge mobility services into joint venture · Endata

◂ Announcements

Mar 28, 2018ACQUISITIONGermany

BMW and Daimler agree to merge mobility services into joint venture

BMW and Daimler signed an agreement to merge their mobility services into a joint venture, with each owning a 50% stake. The agreement was announced on 28 March 2018 and is subject to regulatory approval.

Status

Announced

Productsmobility services

CompaniesDaimler partner BMW partner

Sectors#Automotive Components

“BMW and Daimler have signed an agreement to merge their mobility services, the two Germany-based automakers announced in a joint press release on 28 March.”autotechinsight.spglobal.com

1 source
autotechinsight.spglobal.comBMW, Daimler agree to merge mobility services - Automotive Technology Insight | Forecasts | Industry News | Supply ChainMar 29, 2018

Summarized from public sources; check the original articles before acting on it.

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