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

  • July 18, 2017
    Authorities look to MaaS for new solutions and cost savings
    The structure of society and the way in which our cities work will be completely transformed by Mobility as a Service (MaaS), Finland’s minister of transport and communications Anne Berner, told ITS International’s recent MaaS Market conference 2017 in London. In her keynote address, Berner told a packed audience of more than 200 ITS professionals that MaaS has the potential to help governments around the world meet their big city targets such as the rate of employment, the environment, the efficient use of
    Read More
  • November 25, 2019
    Lyft pulls out of six US cities

    Lyft is withdrawing its scooter operations from the US cities of Nashville, San Antonio, Atlanta, the Phoenix area, Dallas and Columbus.  

    A company spokesperson told TechCrunch “We’re choosing to focus on the markets where we can have the biggest impact. We’re continuing to invest in growing our bike and scooter business but will shift resources away from smaller markets and toward bigger opportunities.”

    Read More
  • December 3, 2018
    Panasonic in Colorado: Rocky mountain way
    Panasonic is at the heart of a C-V2X project which began last year in Colorado. The company’s smart mobility boss Chris Armstrong tells Adam Hill how it is working out Colorado needs traffic and transport solutions – and fast. The US state’s population has grown 50% in the last 20 years and another 50% hike is predicted in the next 20. It also spends more than $13 billion in roadway crash costs each year. In 2015, 546 people died in traffic-related crashes, and more than 3,000 were seriously injured.
    Read More
  • March 12, 2012
    Telvent relocates and takes a global stance on ITS
    Telvent's Manuel Sanchez Ortega, on relocating the company's headquarters to the US and how that fits in the international scheme of things. The change-of-address cards are in the post; Manuel Sanchez Ortega has just moved homes. The domestic upheaval of Telvent's Chairman and Chief Executive comes as a result of the decision to relocate many of the company's headquarter functions from Madrid to Rockville, Maryland in the US. Viewed in the context of its significant recent acquisitions in North America - am
    Read More

Highlighted Content