BMW’s 10 Partners for CarData Do Not Include Insurance Agencies, Yet

  • Natalie Mattila
  • June 9, 2017
DETROIT — BMW Group has not secured a single insurance partner for its new service, BMW CarData, which launched in Germany late last month, Christian Clauss, BMW’s ConnectedDrive project manager, said at TU-Automotive Detroit yesterday. Since launching on May 30, BMW CarData has secured 10 partners — none of which are insurance providers, despite the […]

EVs to Drive ‘Major Transformation’ in Carsharing, Researcher Says

  • Natalie Mattila
  • May 22, 2017
SAN DIEGO — Carsharing is in the early stages of a “major transformation” that will continue over the next decade, driven in part by greater penetration of electric vehicles in carsharing fleets, John Gartner research director at Navigant Research, said during a presentation at Auto Finance Innovation 2017 last week. The electric vehicle carshare fleets will […]

BMW Carshare Expands to More Cities Using a Franchise Model

  • Emma Sandler
  • May 17, 2017
DriveNow, the carsharing joint venture from BMW Group and car rental firm Sixt, sealed a franchise deal with OP Financial–one of Finland’s largest financial institutions–expanding the carshare service to Helsinki. OP, which consists of 180 cooperative banks, will rollout the service on May 24. DriveNow, formed in 2011, works via a mobile application that informs users […]

Drover Eyes Off-Lease Vehicles for Rideshare Car Rental Platform

  • Natalie Mattila
  • May 10, 2017
Drover is in talks with automakers and captives to list off-lease vehicles on its car rental marketplace platform for rideshare drivers, Mobility Finance has learned. Drover’s marketplace is open to any rental company, leasing provider, car dealer, or OEM to list vehicles, Felix Leuschner, Drover’s chief executive, told Mobility Finance. “These have been fleet vehicles, […]

BMW Speeds Carshare Access With App Upgrade

  • Larissa Padden
  • May 3, 2017
BMW North America LLC’s ReachNow mobility services program rolled out a “major software update” in April called ReachNow Fastlane, which reduced the company’s time between reservation and unlocking a car to less than 15 seconds — 4 times faster than before, Steve Banfield, the mobility service’s chief executive, told Mobility Buzz. The update “radically improved how […]
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