BMW is Weighting Options for Mobility Joint Venture with Daimler, CEO

BMW is Weighting Options for Mobility Joint Venture with Daimler, CEO

BMW AG CEO Oliver Zipse hinted on Wednesday that the company is considering options for its mobility services joint venture with Daimler AG, according to Reuters. The deal could also include bringing in new partners or possible partial sale.

  • The mobility services market is a dynamic market for BMW, and the company will consider the moves to make-Zipse
  • The future of Free Now, the likely BMW-Daimler venture that includes car-sharing, ride-hailing, and other services, has been uncertain.
  • Uber Technology reportedly offered 1 billion euros for the joint venture. 

BMW AG and Daimler AG stocks are gaining. BMW is up 1.42%, DAI is up 0.43%

Our Experts


Daniel Michelson

Daniel is a long term investor and position trader in the forex market.

Reva Green

Reva Green is the Senior Editor for website. An experienced media professional, Reva has close to a decade of editorial experience with a background.

Shandor Brenner

Shandor Brenner, an experienced writer at fxaudit.com, brings a wealth of knowledge with over 20 years in the investment field.

Leave a Reply

CAPTCHA ImageChange Image