Car2go reverses from five North American cities

Car2go is to remove its free-floating car-share service from the North American cities of Austin, Calgary, Denver, Portland and Chicago by the end of the year. Car2go released a statement, in which it admitted mistakes: “We have had to face the hard reality that despite our efforts, we underestimated the investment and resources that are truly necessary to make our service successful in these complex transportation markets amid a quickly-changing mobility landscape.” The company is now refocusing on the c
October 2, 2019 Read time: 1 min

4190 Car2go is to remove its free-floating car-share service from the North American cities of Austin, Calgary, Denver, Portland and Chicago by the end of the year.

Car2go released a statement, in which it admitted mistakes: “We have had to face the hard reality that despite our efforts, we underestimated the investment and resources that are truly necessary to make our service successful in these complex transportation markets amid a quickly-changing mobility landscape.”

The company is now refocusing on the cities of New York, Seattle, Washington, DC, Montreal and Vancouver.

“Ultimately, we know that in order to ensure the future of our business in North America, we have to think differently about where and how we operate,” the company adds.

UTC

Related Content

  • February 1, 2012
    change in the US transportation sector
    Transportation for America's James Corless talks about the changes needed in the US's transportation policy. Anew report, 'Smart Mobility for a 21st Century America', highlights how improving efficiency through technology is critical as the US's population grows and ages, budgets tighten and consumer preferences shift.
    Read More
  • February 6, 2012
    change in the US transportation sector
    Transportation for America's James Corless talks about the changes needed in the US's transportation policy. Anew report, 'Smart Mobility for a 21st Century America', highlights how improving efficiency through technology is critical as the US's population grows and ages, budgets tighten and consumer preferences shift.
    Read More
  • November 13, 2012
    'Conservatism hampering ITS technical evolution'
    Nick Lanigan, managing director of Clearview Traffic, considers the current outlook in the ITS sector from an SME's perspective. Interview with Jason Barnes. When times are hard, businesses can invest or cut. Either way, they need guidance from customers – governments – on where best to concentrate their efforts. Prolonged economic slowdown is currently an issue. A short recession, however sharp, would have left many industry players able to ride the bow-wave of governments’ multi-year spending on strategic
    Read More
  • October 2, 2019
    Chicago pushes traffic safety plan for ‘poorer’ areas
    The city of Chicago has unveiled a plan to help improve traffic safety in its poorer areas, focusing on the south and west sides. Mayor Lori Lightfoot says studies show that residents living in communities experiencing “economic hardship” are three times more likely to die as a result of a traffic crash. “We must change how we design and use streets, as any traffic-related death is unacceptable when we, as a city, have the tools and strategies to prevent the conditions that lead to these tragedies,” Ligh
    Read More

Highlighted Content