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MUNICH (Reuters) - BMW is keeping all options open for a possible merger of its carsharing company DriveNow, the company's chief executive said on Wednesday.
"We are constantly reviewing all options," CEO Harald Krueger told journalists.
German car rental company Sixt recently sold its half of DriveNow to BMW for 209 million euros ($259.1 million)..
The deal made BMW the sole owner and paved the way for a broader car-sharing and driverless taxi alliance with Daimler to compete against the likes of Uber and Lyft.
(Reporting by Alexander Huebner; Writing by Tom Sims)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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