Stellantis has agreed a deal to acquire the Share Now car sharing mobility provider formed through a joint venture involving BMW and Mercedes-Benz.

The move will boost the car manufacturing giant’s bid to become a “car-sharing leader” with the addition of 14 major European cities and 10,000 vehicles to an existing car sharing fleet of 2,500 vehicles offered via its Free2move mobility solution.

In a statement announcing the agreement to acquire Share Now Stellantis said Free2move is already a key market mobility player for B2B and B2C customers with a fleet of more than 450,000 cars offering rental, car sharing and subscription services, 500,000 parking places and a network of 250,000 charging stations.

And it said that Share Now will further its provision of a “360-degree seamless customer experience” − mobility by the minute, hour, day or month – through the addition of more than 3.4 million customers to its two million existing users.

Freetomove chief executive Brigitte Courtehoux said: “Integrating Share Now’s strong position in major European cities will allow our customers to gain greater access to a wider range of services to satisfy their varied mobility needs.

Login to continue reading

Or register with AM-online to keep up to date with the latest UK automotive retail industry news and insight.

Please enter your email
Looks good!
Please enter your Password
Looks good!