Daimler, BMW to invest 1 bln euros in car sharing joint venture

Harald Krueger (L), management board chairman of BMW, and Dieter Zetsche, chairman of the board of management of Daimler, attend a press conference in Berlin, capital of Germany, on Feb. 22, 2019. Daimler and BMW, two German luxury carmakers, revealed on Friday their plans to invest more than one billion euros (1.13 billion U.S. dollars) in the establishment of a new joint car sharing business. (Xinhua/Shan Yuqi)