BMW announced that it will acquire sixt stake in DriveNow, a vehicle-sharing platform, and BMW will pay 209 million euros in order to acquire a stake in DriveNow 5. Market participants reported that in the future it is expected to further integrate BMW's Daimler competing services with its rivals. The unit will decide to release or reject by June 2018. According to Phys.org reports, Peter Schwarzenbauer, BMW's director, said having DriveNow become a subsidiary will allow BMW to acquire all options for continuous strategy development for its own services, Has DriveNow stake, and Daimler rival Car2Go platform to become one of the obstacles to merge.In 2011, DriveNow, in 13 cities in Europe to provide 6,000 BMW and Mini for the user, the number of customers over 1 million people. Car2Go's The 14,000 fleet, most of them Daimler's ultra-small Smart, serves 2.6 million users in 25 cities around the world.
