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(Telematics News) car2go and DriveNow join forces for SHARE NOW

car2go and DriveNow join forces for SHARE NOW

Posted: 01 Mar 2019 04:08 AM PST

SHARE NOW is the name of the new free-floating carshare company that brings car2go and DriveNow together under a single roof. Merging the two services makes SHARE NOW the world’s leading provider of free-floating carshare. A fleet of more than 20,000 BMW, Mercedes-Benz, smart, and MINI vehicles are available in 30 cities across Europe and […]


Success of the Faurecia offer to purchase Clarion

Posted: 01 Mar 2019 04:08 AM PST

Faurecia, announces the success of its purchase offer for Clarion, launched on January 30, 2019. Clarion shareholders contributed 95.28% of their shares to Faurecia’s offer. In accordance with the agreement signed on October 26, 2018, Hitachi contributed all of its shares, representing 63.8% of Clarion’s capital. The settlement and delivery of the offer will take […]


Volvo Cars Tech Fund invests in ride sharing service for children “Zum”

Posted: 01 Mar 2019 04:08 AM PST

Volvo Cars has acquired a stake in Zum, a fast-growing on-demand ride sharing service for children, via the Volvo Cars Tech Fund, its venture capital investment arm. Zum, a California-based company, was founded in 2015 and provides a trusted network of vetted drivers that allows parents and schools to schedule transport for school commutes, after-school […]