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Fleet Acquisition

Newsby StaffJuly 5, 2018

Uber, Careem in Talks to Merge Middle East Operations

According to sources, who declined to be named because the talks are private, the companies have discussed numerous potential deal structures, but haven’t come to a final agreement.

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Newsby StaffJune 5, 2018

Commercial Fleet Sales Increase 2.1% in May

Sales of vehicles to commercial fleets increased 2.1% in May, while sales to government fleets were flat, and sales into daily rental increased 29.8%.

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Newsby StaffMay 7, 2018

Edge Auto, Budd Enterprises Merge, Expand NYC Rental Offerings

The acquisition has enabled Edge Auto Rental to expand into the trucking and labor sector by adding CBS Network, NY Philharmonic Concerts in the Parks, and the Metropolitan Opera, to its roster.

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NewsMarch 27, 2018

Grab Acquires Uber's Southeast Asia Operations

The two companies are working together to seamlessly integrate Uber’s drivers and riders onto Grab’s app.

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NewsMarch 20, 2018

Didi Chuxing Invests in Car Rental Firm Yestock

According to the mutual agreement, Yestock will provide car rental-purchase or leasing services to full-time drivers on the DiDi platform.

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NewsMarch 5, 2018

Daimler Purchases Europcar Group’s 25% Stake in car2go

In addition to car2go, Daimler Mobility Services is responsible for moovel and mytaxi.

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NewsFebruary 21, 2018

SnappCar, Europcar Launch Drive & Share Solution

After a first successful pilot phase in France, Drive & Share solution is launching in Germany and Denmark, with Europcar Group as a significant investor.

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NewsFebruary 6, 2018

Skurt Bought by Vehicle-Subscription App, Fair

Skurt's platform enables the digital initiation and monitoring of customer car deliveries from a central dashboard.

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NewsJanuary 24, 2018

Daimler, BMW Reportedly Merging Car-Sharing Services

The merger is likely an effort by the German brands to compete with U.S.-based ride-hailing services such as Uber and Lyft.

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NewsJanuary 10, 2018

Silvercar Adds Audi Q5 SUV to Its Fleet

The all-new Audi Q5 hits the Silvercar app at select locations in January. Audi A4 sedans will continue to be available at all 18 locations nationwide.

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