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Daimler, BMW Partner on Mobility Venture

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.

Turo Raises $92M, Acquires Daimler's Croove

Turo, a peer-to-peer carsharing marketplace, has raised $92 million in funding from Daimler and other investors. Turo also acquired Daimler's Croove, a peer-to-peer carsharing service in Germany.

car2go Tops 78K Members in China

After operating in the Chinese city of Chongqing for two months, Daimler’s car2go service already has more than 78,000 registered users.