Volkswagen sells WeShare to Berlin-based car sharing company MILES Mobility

News
M&A

Both parties have agreed not to disclose the purchase price

The Volkswagen Group has entered into a partnership with car sharing company MILES Mobility to sell UMI Urban Mobility International GmbH and WeShare car sharing business, according to Volkswagen’s press release on 1 November 2022.

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