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03 May
15:28

Mercedes-Benz, BMW Group sell Share Now to Stellantis

European carmakers Mercedes-Benz and BMW Group are selling their car sharing joint venture Share Now to Stellantis’s subsidiary Free2move. The transaction remains subject to regulatory approval, the companies said on Tuesday, noting they agreed not to disclose details of the deal. The sale contributes to the “realignment of the mobility joint ventures,” Mercedes-Benz and BMW Group say in a joint statement. The JV shareholders intend to concent…
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