Daimler to merge car2go and Car2Share operations in China

News
Corporate developments

Consolidated unit will help automaker serve fast growing Chinese car-sharing market better

Daimler has decided to merge its two car-sharing operations in China, car2go and Car2Share, to better serve customers, the company said in a press release. The consolidated car-sharing unit, car2go China Co., Ltd, will operate under the German automotive group’s financing unit, Mercedes-Benz Auto Finance, and will be headed by Chen Bing as CEO. “As the first premium manufacturer to bring car sharing to China, we are also a pioneer in mobility services.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload