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.

Urban Traffic Control

For more information on companies in this article

Related Content

  • What's Next for Aimsun?
    October 4, 2023
    Aimsun is switching strategy from being a pure software firm to one that is focused on outcomes. The company’s CEO Alexandre Torday talks to Adam Hill and explains why
    Read More
  • TISPOL says gig economy tears up enforcement rulebook
    March 4, 2019
    The road safety enforcement sector is facing a crisis. Rulebooks around the world are going to have to change as our roads become a high-pressure workplace for millions of gig economy workers. Geoff Hadwick reports from the TISPOL conference Traffic police forces everywhere will need a fresh approach to regulating the way in which our highways are being used, senior enforcement officers were told at the latest TISPOL European Traffic Police Network annual conference. The World Health Organisation puts it
    Read More
  • Strategic organisational changes at Q-Free
    May 22, 2014
    Q-Free has carried out a revision of the company strategy and will make organisational changes in order to strengthen its market position. CEO Thomas Falck, who was appointed CEO on 6 January 2014, on an initial six-month contract, will remain at the helm through 2014 in order to oversee a successful implementation of the changes. Going forward, Q-Free will operate three business areas: road user charging (RUC); advanced transportation management systems (ATMS); and the new business area managed services
    Read More
  • After two decades of research, ITS is getting into its stride
    June 4, 2015
    Colin Sowman gets the global view on how ITS has shaped the way we travel today and what will shape the way we travel tomorrow. Over the past two decades the scope and spread of intelligent transport systems has grown and diversified to encompass all modes of travel while at the same time integrating and consolidating. Two decades ago the idea of detecting cyclists or pedestrians may have been considered impossible and why would you want to do that anyway? Today cyclists can account for a significant propor
    Read More

Highlighted Content