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BMW negotiates Daimler alliance, buys out car-service partner Sixt

Sixt sells its stake in DriveNow car-sharing to BMW BMW in talks with Daimler to combine car-sharing Combining car-sharing business to aid robotaxi plans FRANKFURT — Germany's BMW has bought out partner Sixt from their joint venture DriveNow, paving the way for a broader car-sharing and driverless taxi alliance with Daimler to compete against Uber and Lyft. Car rental company Sixt said on Monday it would generate an extraordinary pre-tax profit of about 200 million euros ($248 million) in 2018 from the sale of the DriveNow stake to BMW for 209 million euros. "With DriveNow as a wholly-owned subsidiary, we have all options for continued strategic development of our services," said Peter Schwarzenbauer, BMW's board member for Digital Business Innovation. "Our experience with mobility services supports our development of future autonomous, electrified and connected fleets," he said, adding that BMW aims to have 100 million customers for "premium mobility services" by 2025. The Sixt deal comes as BMW moves closer to a deal to combine its car-sharing services with Daimler's Car2Go, a person familiar with the discussions told Reuters last week. The German carmakers want to build a joint business that includes car sharing, ride-hailing, electric vehicle charging, and digital parking services, a senior executive at one of the companies said on Monday. Mercedes-Benz parent Daimler and BMW declined comment on the status of potential talks on their car-sharing business. "This is speculation, we do not comment," BMW said. The senior executive, who declined to be named because the plan is not public, said: "This will create an ecosystem which can also be used for managing robotaxi (driverless taxi) fleets." BMW would contribute its ParkNow and ChargeNow businesses to the common company, the executive said, adding that there were still differences of opinion over the valuation of Car2Go. The market for ride-hailing services currently makes up around 33 percent of the global taxi market, and could grow eightfold to $285 billion by 2030, once autonomous robotaxis are in operation, Goldman Sachs said in a recent research note. BMW and Daimler are now working on developing autonomous cars, vehicles which could enable them to up-end the market for taxi and ride-hailing services.

Mercedes-AMG working on a successor to the SLR?

It's been mere days since Mercedes-AMG chairman Tobias Moers told journalists at the LA Auto Show that his brand would not develop a super coupe to challenge the likes of the Porsche 918 Spyder and Ferrari LaFerrari - at least, not right now. Nevertheless, German magazine Auto Bild has the story that AMG is "considering" a successor to the Mercedes-Benz SLR McLaren, which, technically, wouldn't need to be a competitor at the great-white-shark end of the supercar spectrum. According to Auto Bild's sources, Considerations have apparently gone far enough for engineers to be debating whether to develop such a car on the brand's Modular Sports Architecture (MSA) that will support the next-generation SL-Class, which would necessitate a front-engined car, or to do a mid-engined monster. An MSA-based coupe would use a supercharged V6 to power the rear wheels with an electric motor working the fronts, and somewhere around 650 horsepower would get the help of active aerodynamics to make the most of its potential. Production numbers of roughly 3,000 units per year are tied to a price of at least $260,000 or more. Discussions around a mid-engined supercar, on the other hand, go all the way with composite body wrapped around a supercharged V8, a total of of supposedly 1,050 horsepower with the aid of two 125-kW motors on the front axle, all-wheel drive and lots of ground-effects aero to tame it, and a price of "over one million euros" for a limited run of no more than 750 units. Either car would begin with a coupe model, followed by a roadster, a Black Series, and a GT3 version. The SLR could be considered in between these two, but closer to the MSA-based car. A collaboration between Mercedes and McLaren, it made 617 horsepower from a front-mounted, supercharged 5.4-liter V8 and cost $450,000 at a time when the Porsche Carrera GT cost $444,000 and the Ferrari Enzo cost $643,000. It's biggest problem was that it wasn't very good as a supercar, and Auto Bild posits that AMG might want to correct that blemish on the corporate record. Moers said at the auto show that AMG doesn't have the engineering capacity right now to do this kind of car. He also said he thought the marketplace wouldn't accept AMG as a hypercar brand, but talks with customers in prime markets "give me a different view to that." Related Video:

Mercedes-Benz EQC vs. Jaguar I-Pace vs. Tesla Model X: How they compare on paper

The Mercedes-Benz EQ line is officially alive and kicking, with the reveal of the EQC electric crossover. It joins a segment that, while still in its infancy, seems ready to take off. Mercedes lists as the EQC's competitors the Jaguar I-Pace, The Audi E-Tron Quattro and the BMW iX3. While we've seen all of these, at least in concept or pre-production form, only one — the Jag — has actually been launched in production form. We've seen a concept and subsequent spy shots of the iX3, and the Audi EV will get its official specs publicized later this month. One electric SUV Mercedes didn't specifically call out was the Tesla Model X. As such, we've decided to compare on paper the Mercedes-Benz EQC 400, the Jaguar I-Pace S and the Tesla Model X 75D: All three are dual-motor EVs, though the Tesla is the longest and tallest. The EQC has the most power, but it and the Model X's 4.9-second 0-60 times fall short of the I-Pace. It also has the lowest top speed and electric driving range. (Mercedes sent us an updated range figure, but it's using the generous and largely outdated NEDC cycle; we're still waiting on an EPA rating.) We'll be interested to see how much the Mercedes weighs. Mercedes hasn't divulged the price of the EQC yet, but we imagine it'll fall pretty near to the $70,000 mark. As for Audi, we'll revisit this comparison after those details are made available on September 17. If you're interested in some other EV comparisons, we have a couple others that we published to compare the I-Pace to premium Teslas, as well as against other less-expensive EVs. If you want to learn more about these EVs, and compare them with other cars, be sure to check out our Car Finder and comparison tools. Related Video: Featured Gallery Mercedes-Benz EQC 400 EV Crossover View 28 Photos Green Jaguar Mercedes-Benz Tesla Crossover SUV Electric Luxury Comparison jaguar i-pace mercedes-benz eqc