The unthinkable alliance – BMW Group and Daimler AG have got their mobility merger approved

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The BMW Group and Daimler AG merger in the field of mobility has been approved by the authorities in the United States. Thus, all antitrust authorities involved have given the green light for the future joint venture that puts rivals on the same team.

The two car companies announced their plans at the beginning of December and were only waiting for the approval of the competent bodies in the field.

The mobility joint venture focuses on the customers’ personal freedom, making transportation easy to access, intuitive and oriented towards the needs of the user. CarSharing, Ride-Hailing, Parking, Charging and Multimodality combine to offer a seamlessly connected and sustainable ecosystem that is just a few taps away.

The transaction for the joint venture, which will be owned in equal parts by BMW Group and Daimler AG, is set to take place on January 31st, 2019. Following the contract signing, the future mobility company will make its first steps in the first quarter of next year.

The services the new company will provide are the following:

  • Multimodal and on-demand mobility with moovel and ReachNow;
  • CarSharing with Car2Go and DriveNow;
  • Ride-Hailing with mytaxi, Chauffeur Prive, Clever Taxi and Beat;
  • Parking with ParkNow and Parkmobile Group/Parkmobile LLC;
  • Charging with ChargeNow and Digital Charging Solutions.