FRANKFURT/MILAN -- Stellantis has agreed to buy the Share Now car-sharing business from BMW and Mercedes-Benz as the two German automakers focus on the software part of their mobility alliance.
Stellantis wants to position itself as a global leader in car-sharing, using this step announced on Tuesday to expand its existing business in the area.
Share Now, the European market leader, allows customers to use smartphones for short-term rentals of cars including BMW, Mini, Mercedes, Smart and Fiat vehicles in cities.