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.
Volkswagen Financial Services (VWFS) has partnered with Wagonex to pilot a subscription service for the new Cupra Born performance electric vehicle (EV).
The automotive industry must embrace digital transformation being driven by tech-savvy generation of younger drivers.
Subscription models could help new car buyers who are hesitant about electric vehicles (EV) make the switch, according to the latest research by What Car?.
Car buyers looking to change their car in the coming months are increasingly shopping with a monthly, rather than total, figure in mind.
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.
Cazoo has completed a Spanish football sponsorship double after following an agreement with Real Sociedad with a follow-up deal for Valencia.
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.
As car retail sector experts predict that subscriptions could take over from PCPs as the most popular way to fund a private vehicle, AM compared Q4's offers to see how they compare.
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.
Stellantis plans to accelerate its turnover from software-enabled services and subscriptions to €4bn (£3.4bn) in 2026 and €20bn (£17bn) in 2030 as its transitions to a new role as a “sustainable mobility tech company”.
Cazoo has vowed to grow its car inventory in Europe after officially launching its online car retail offering in France and Germany today.
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.
Volvo’s car subscription service, Care by Volvo, has delivered 2,500 cars to customers in its first year, accounting for 15% of all retail sales.
Verex Group has announced it will be providing branded insurance and accident management solutions for Genesis Motor UK.
