
For the full-year 2018, total revenues were $9.5 billion, an 8% increase versus 2017.
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The conference, held Feb. 22-24, provided educational seminars and networking opportunities for vehicle suppliers to peer-to-peer platforms such as Turo and Getaround.
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The program, called the Enterprise Urban Tree Initiative, kicked off in fall 2018 and will continue throughout spring 2020.
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This single transaction marks the fourth and fifth national franchises acquired by the Group and extends its corporate network from 18 to 20 countries.
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The decision by the Supreme Court cannot be reversed.
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However, if passed, experts say the law could be frozen by the European Commission for a violation of European Union law.
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Data from Germany's carsharing lobby, Bundesverband, also shows that the number of vehicles used for carsharing purposes increased 12% to 20,200.
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The car rental association claims that the new mandate unfairly favors taxi drivers.
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The cooperation comprises five joint ventures: Reach Now for multimodal services, Charge Now for charging, Free Now for taxi ride-hailing, Park Now for parking, and Share Now for carsharing.
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