Stock Market News

New investors are eyeing German car-sharing

2022.11.27 07:55

[ad_1]


New investors are eyeing German car-sharing

Budrigannews.com – Credit Agricole, a bank in France (OTC:) An executive told the trade publication Automobilwoche that is weighing plans to offer car-sharing financial services in Germany because the expanding market offers opportunities to challenge incumbent players.

The consumer finance division of the French bank has been working hard to boost mobility-related revenue from its existing car financing and rental services, as well as from its car leasing joint venture with Stellantis and other partnerships.

“We are testing car sharing in French towns with fewer than 30,000 people.The head of Credit Agricole’s consumer finance unit, Stephane Priami, was quoted as saying, “If that succeeds, we will take the concept also to Germany.”

The thought was to zero in on towns inside driving distance of bigger urban communities to put them accessible for clients without a vehicle, he added.

Volkswagen (ETR:) is changing the car-sharing market in Germany through membership.WeShare, a car-sharing service powered entirely by electricity, is being sold to Berlin-based Miles Mobility.

Stellantis acquired the car-sharing business Share Now from Mercedes-Benz and BMW in Germany. Sixt, a car rental company, has expanded into car sharing.

[ad_2]

New investors are eyeing German car-sharing

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 83,570.39 0.88%
ethereum
Ethereum (ETH) $ 1,902.03 1.30%
tether
Tether (USDT) $ 1.00 0.02%
xrp
XRP (XRP) $ 2.34 1.85%
bnb
BNB (BNB) $ 629.28 3.86%
solana
Solana (SOL) $ 129.35 4.03%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.722891 2.25%
dogecoin
Dogecoin (DOGE) $ 0.172894 1.68%
tron
TRON (TRX) $ 0.213284 2.81%
staked-ether
Lido Staked Ether (STETH) $ 1,900.55 1.32%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 83,427.35 0.86%
pi-network
Pi Network (PI) $ 1.40 6.24%
leo-token
LEO Token (LEO) $ 9.81 0.63%
chainlink
Chainlink (LINK) $ 13.75 2.84%
the-open-network
Toncoin (TON) $ 3.44 1.14%
stellar
Stellar (XLM) $ 0.272129 0.38%
usds
USDS (USDS) $ 1.00 0.00%
hedera-hashgraph
Hedera (HBAR) $ 0.193408 0.36%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,274.27 1.39%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 1.01%
avalanche-2
Avalanche (AVAX) $ 18.58 4.13%
sui
Sui (SUI) $ 2.30 1.78%
litecoin
Litecoin (LTC) $ 92.52 0.34%
mantra-dao
MANTRA (OM) $ 6.88 3.75%
polkadot
Polkadot (DOT) $ 4.39 1.59%
bitcoin-cash
Bitcoin Cash (BCH) $ 333.61 1.65%
ethena-usde
Ethena USDe (USDE) $ 0.999701 0.03%
weth
WETH (WETH) $ 1,901.59 1.32%
bitget-token
Bitget Token (BGB) $ 4.42 1.23%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999098 0.11%
hyperliquid
Hyperliquid (HYPE) $ 13.60 1.66%
whitebit
WhiteBIT Coin (WBT) $ 28.40 1.51%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,020.34 1.31%
monero
Monero (XMR) $ 209.75 1.08%
uniswap
Uniswap (UNI) $ 6.19 1.41%
susds
sUSDS (SUSDS) $ 1.04 0.06%
aptos
Aptos (APT) $ 5.36 0.42%
dai
Dai (DAI) $ 0.999867 0.00%
near
NEAR Protocol (NEAR) $ 2.55 3.90%
okb
OKB (OKB) $ 49.65 6.56%
pepe
Pepe (PEPE) $ 0.000007 3.56%
mantle
Mantle (MNT) $ 0.829291 4.30%
internet-computer
Internet Computer (ICP) $ 5.71 2.21%
ethereum-classic
Ethereum Classic (ETC) $ 17.80 0.90%
gatechain-token
Gate (GT) $ 21.88 0.52%
ondo-finance
Ondo (ONDO) $ 0.845576 2.88%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 83,565.39 0.88%
aave
Aave (AAVE) $ 168.40 2.89%
tokenize-xchange
Tokenize Xchange (TKX) $ 30.01 0.11%