Car subscription service Onto has raised £49.8m to fund its expansion into Europe next year.
Stellantis’ mobility division Free2move has completed the acquisition of car sharing company Share Now, a joint venture formed by Mercedes-Benz Mobility Group and BMW Group in 2019.
Volkswagen is set to accelerate its car sharing and subscription services after celebrating a ‘mobility milestone’ with the conclusion of its takeover of vehicle rental giant Europcar.
Vanarama CEO Andy Alderson has received the Go:Tech Awards ‘Tech Entrepreneur of the Year 22’ award.
Stellantis has agreed a deal to acquire the Share Now car sharing mobility provider formed through a joint venture involving BMW and Mercedes-Benz.
More than 650,000 households in London could give up their private vehicles and switch to car clubs, according to new analysis by CoMoUK.
Auto Trader is set to take control of the Vanarama leasing business after agreeing a deal to acquire its parent business Autorama.
Volkswagen Group chief executive Herbert Deiss has warned that a shortage of components sourced from Ukraine could prove its biggest supply issue in 2022.
Australian car subscription provider Loopit’s ‘subscription in a box’ mobility solution has been launched into the UK market as Mycardirect secured additional funding to drive its growth this week.
Cox Automotive has launched a new global mobility division that will aim to harness its knowhow in fleet logistics, vehicle lifecycle management and electric vehicle (EV) batteries.
Online-only premium car brand Genesis has launched Genesis Flexibility, a car subscription service for customers across Europe.
Ford's micromobility unit, Spin, has marked the one year anniversary of its Essex e-scooter trial's launch with the news that usage has reached 600,000 rides.
Volkswagen Financial Services (VWFS) has predicted that new car supply shortages will trigger a festive car rental boom for franchised retailers operating its Rent-a-Car service.
Stellantis has revealed plans to partner with Crédit Agricole Consumer Finance (CACF) to create a new multi-brand leasing company which will operate across Europe.
A YouGov mobility survey of 2,400 people has found that 63% of people are ‘not interested’ in taking advantage of shared mobility schemes such are ride hailing or car sharing services.
The UK must move away from “20th century thinking centred around private vehicle ownership” and towards shared mobility, Transport Minister Trudy Harrison MP has said.
Volkswagen has said that its takeover offer made for international vehicle rental giant Europcar has been approved by France’s market regulator.
The Advertising Standards Authority (ASA) has rejected a complaint from the Scottish Motor Trade Association (SMTA) which contested Cazoo’s claims that the vehicles it offers for subscription were not “new cars”.
Stellantis has announced it will expand its all-inclusive Free2Move Car On Demand monthly car subscription service to the UK.
Citroen has opened order books for its Ami quadricycle electric vehicle (EV) and has said that its franchised retailers will “play an important role” in the sales process.
