{"id":21454,"date":"2022-05-04T12:04:08","date_gmt":"2022-05-04T16:04:08","guid":{"rendered":"http:\/\/autosector.com\/?p=21454"},"modified":"2022-05-04T12:04:08","modified_gmt":"2022-05-04T16:04:08","slug":"1135755_stellantis-buys-share-now-car-sharing-venture-from-bmw-and-mercedes","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=21454","title":{"rendered":"Stellantis buys Share Now car-sharing venture from BMW and Mercedes"},"content":{"rendered":"<p>Stellantis will buy the Share Now car-sharing joint venture from BMW and Mercedes-Benz, incorporating it into Stellantis&#8217; own Free2Move service. The companies didn&#8217;t disclose a selling price, but <a href=\"https:\/\/www.bloombergquint.com\/onweb\/stellantis-to-buy-mercedes-and-bmw-s-car-sharing-joint-venture\" target=\"_blank\" rel=\"noopener\"><em>Bloomberg<\/em><\/a> reported that it could have been around $260 million.<\/p>\n<p>Share Now was formed by BMW and Mercedes in 2019 from car-sharing services the two German automakers started independently. The proposed purchase agreement would add 14 European cities and 10,000 vehicles to Free2Move&#8217;s existing 2,500-vehicle fleet, according to a Stellantis press release.<\/p>\n<div class=\"image_wrapper first_wrapper\" readability=\"7\"><img fetchpriority=\"high\" decoding=\"async\" name=\"tccimg_100794570_m\" title=\"Jeep Renegade  -  Stellantis Free2Move car-sharing\" src=\"data:image\/png;base64,R0lGODlhAQABAAD\/ACwAAAAAAQABAAACADs=\" alt=\"Jeep Renegade  -  Stellantis Free2Move car-sharing\" width=\"640\" height=\"365\" class=\"first_image lazy\" data-width=\"1024\" data-height=\"584\" data-url=\"https:\/\/images.hgmsites.net\/lrg\/jeep-renegade--stellantis-free2move-car-sharing_100794570_l.jpg\" data-src-h=\"https:\/\/images.hgmsites.net\/hug\/jeep-renegade--stellantis-free2move-car-sharing_100794570_h.jpg\" data-src=\"https:\/\/images.hgmsites.net\/lrg\/jeep-renegade--stellantis-free2move-car-sharing_100794570_l.jpg\" data-src-l=\"https:\/\/images.hgmsites.net\/lrg\/jeep-renegade--stellantis-free2move-car-sharing_100794570_l.jpg\" data-src-m=\"https:\/\/images.hgmsites.net\/med\/jeep-renegade--stellantis-free2move-car-sharing_100794570_m.jpg\" data-src-s=\"https:\/\/images.hgmsites.net\/sml\/jeep-renegade--stellantis-free2move-car-sharing_100794570_s.jpg\"\/><\/p>\n<p>Jeep Renegade &#8211; Stellantis Free2Move car-sharing<\/p>\n<\/div>\n<p>Free2Move currently operates in the United States cities of Denver, Austin, Columbus, Portland, and Washington, D.C. But the Share Now acquisition won&#8217;t expand its U.S. footprint, as BMW and Mercedes pulled their car-sharing services from this market years ago.<\/p>\n<p>The U.S. has proven to be a particularly tough environment for automaker car-sharing services. Free2Move <a href=\"https:\/\/www.greencarreports.com\/news\/1132489_free2move-car-sharing-service-takes-jeep-to-a-space-vacated-by-other-automakers\" target=\"_blank\" rel=\"noopener\">has been moving into a space<\/a> vacated not only by BMW and Mercedes, but also General Motors.<\/p>\n<p data-pm-slice=\"1 1 []\">Run by Mercedes parent company Daimler, Car2Go started as something more city- and community-focused, but in a series of moves aimed at shoring up the business <a href=\"https:\/\/www.greencarreports.com\/news\/1099504_car2go-cutting-out-portlands-lower-income-racially-diverse-areas\" target=\"_blank\" rel=\"noopener\">it cut out diverse communities<\/a> that could have benefited the most from car-sharing.<\/p>\n<div class=\"image_wrapper\" readability=\"7\"><img decoding=\"async\" name=\"tccimg_100791013_m\" title=\"Citroen Ami to join Free2Move fleet in United States\" src=\"data:image\/png;base64,R0lGODlhAQABAAD\/ACwAAAAAAQABAAACADs=\" alt=\"Citroen Ami to join Free2Move fleet in United States\" width=\"640\" height=\"335\" data-width=\"1024\" data-height=\"537\" data-url=\"https:\/\/images.hgmsites.net\/lrg\/citroen-ami-to-join-free2move-fleet-in-united-states_100791013_l.jpg\" data-src-h=\"https:\/\/images.hgmsites.net\/hug\/citroen-ami-to-join-free2move-fleet-in-united-states_100791013_h.jpg\" data-src=\"https:\/\/images.hgmsites.net\/lrg\/citroen-ami-to-join-free2move-fleet-in-united-states_100791013_l.jpg\" data-src-l=\"https:\/\/images.hgmsites.net\/lrg\/citroen-ami-to-join-free2move-fleet-in-united-states_100791013_l.jpg\" data-src-m=\"https:\/\/images.hgmsites.net\/med\/citroen-ami-to-join-free2move-fleet-in-united-states_100791013_m.jpg\" data-src-s=\"https:\/\/images.hgmsites.net\/sml\/citroen-ami-to-join-free2move-fleet-in-united-states_100791013_s.jpg\" class=\"lazy\"\/><\/p>\n<p>Citroen Ami to join Free2Move fleet in United States<\/p>\n<\/div>\n<p data-pm-slice=\"1 1 []\">Meanwhile, BMW used Reach Now <a href=\"https:\/\/www.greencarreports.com\/news\/1103337_bmw-reachnow-car-sharing-service-offers-i3-electric-cars-in-seattle\" target=\"_blank\" rel=\"noopener\">as a pedestal for promoting its i3<\/a>\u2014then the parent company mixed in more gasoline models, which blurred the service&#8217;s reason for being.<\/p>\n<p data-pm-slice=\"1 1 []\">GM <a href=\"https:\/\/www.greencarreports.com\/news\/1127900_gm-uses-social-distancing-to-shut-down-maven-car-sharing-unit\" target=\"_blank\" rel=\"noopener\">shut down its Maven service<\/a> abruptly in 2020. It had been established in 2017 for alternative mobility models, outside the franchised-dealership norm. In addition to car sharing, its services included rentals for food-delivery and ride-sharing drivers in the so-called &#8220;Gig Economy.&#8221;<\/p>\n<p data-pm-slice=\"1 1 []\">Free2Move has dabbled with a somewhat different model, in offering fun, fringe vehicles from the Stellantis global portfolio\u2014like smaller Jeeps, and the cute <a href=\"https:\/\/www.greencarreports.com\/news\/1132116_cute-citro-n-ami-ev-coming-to-us-as-part-of-free2move-car-sharing\" target=\"_blank\" rel=\"noopener\">Citro\u00ebn Ami<\/a> EV.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stellantis will buy the Share Now car-sharing joint venture from BMW and Mercedes-Benz, incorporating it into Stellantis&#8217; own Free2Move service. The companies didn&#8217;t disclose a selling price, but Bloomberg reported that it could have been around $260 million. Share Now was formed by BMW and Mercedes in 2019 from car-sharing services the two German automakers [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21455,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-21454","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-cars"],"_links":{"self":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/21454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21454"}],"version-history":[{"count":0,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/21454\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/media\/21455"}],"wp:attachment":[{"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21454"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}