Sixt SE (SIXG_p.DE)
MUNICH The CEO and major shareholder of German car rental company Sixt said a political effort to push the mass rollout of electric cars is a costly political error.
FRANKFURT German carmaker Daimler will buy Europcar's 25 percent stake in car-sharing service Car2Go for 70 million euros ($85 million), the two companies said on Thursday, paving the way for Mercedes and BMW to develop driverless taxis.
FRANKFURT Germany's BMW has bought out partner Sixt from their joint venture DriveNow, paving the way for a broader car-sharing and driverless taxi alliance with Daimler to compete against the likes of Uber and Lyft.
* Sixt sells stake in DriveNow car-sharing to BMW for 209 mln eur
Jan 29 German car rental company Sixt said it had agreed to sell its stake in car-sharing service DriveNow to joint venture partner BMW Group for 209 million euros ($259.1 million).
* DGAP-ADHOC: SIXT SE: SIXT SE SIGNS CONTRACT ON THE SALE OF ITS DRIVENOW STAKE TO BMW GROUP