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E.U. executive conditionally approves Daimler, BMW car-sharing deal

BRUSSELS — The European Union's competition authority said on Wednesday it had approved the plan of German luxury carmakers Daimler and BMW to combine their car-sharing businesses, subject to conditions. Under the deal, which includes car-sharing units Car2Go and DriveNow as well as ride-hailing, parking and charging services, Daimler and BMW will each hold 50 percent stakes in a joint venture. They have offered concessions to address E.U. antitrust concerns over the deal they hope would let them better compete with U.S. rival Uber and China's Didi Chuxing. The European Commission has found the deal would raise competition concerns for free-floating car sharing services in Berlin, Cologne, Duesseldorf, Hamburg, Munich and Vienna. It said Daimler and BMW agreed to a remedy package in the six cities. "The commitments thus fully address the Commission's concerns as they will reduce the barriers to entry for competing free-floating car sharing providers," the Commission said in a statement. "Therefore the Commission concluded that the proposed transaction, as modified by the commitments, would no longer raise competition concerns. The Commission's decision is conditional upon full compliance with the commitments." Reporting by Gabriela Baczynska and Philip Blenkinsop. Related Video:

Driving the Toyota Supra and Subaru WRX STI S209 | Autoblog Podcast #625

In this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by West Coast Editor James Riswick and News Editor Joel Stocksdale. First, they talk about the cars they've been driving, including the Toyota Supra, Subaru WRX STI S209, and the Mercedes-Benz CLA and GLB. They also discuss rumors of the Kia Stinger getting killed off. Greg Migliore takes a break to chat with Autoblog contributor Dan Edmunds to talk about the cars he's been testing. Finally, our editors take to the mailbag to help a listener pick a sport truck in the "Spend My Money" segment. Autoblog Podcast #625 Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown Cars we're driving: Toyota Supra Subaru WRX STI S209 Mercedes-Benz CLA-Class Mercedes-Benz GLB-Class Kia Stinger death rumor Chat with Dan Edmunds Spend My Money Feedback Email – Podcast@Autoblog.com Review the show on iTunes Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Podcasts Kia Mercedes-Benz Subaru Toyota Used Car Buying Truck Coupe Crossover SUV Luxury Performance Sedan

Roll like His Airness in this Mercedes SLR McLaren previously owned by Michael Jordan

Often called the greatest basketball player of all time, Michael Jordan also has an interest in fast machines, as evidenced by the recent announcement that he would be establishing a NASCAR team, 23XI Racing, together with Denny Hamlin and featuring Bubba Wallace behind the wheel. It's hardly surprising, then, that he would also be an owner of multiple supercars, many of which could be seen in the ESPN documentary The Last Dance. One of Jordan's previous supercars, this 2007 Mercedes SLR McLaren, is now up for sale on eBay Motors. Besides its celebrity provenance, this Mercedes SLR McLaren is special for another reason: It's the special 722 Edition, built to commemorate the 1955 Mercedes-Benz win at the Mille Miglia. That winning Mercedes-Benz 300SLR racer, piloted by Sir Stirling Moss and Denis Jenkinson, was car #722 (so designated because of its 7:22 a.m. start time). The SLR McLaren 722 Edition features a 650-horsepower supercharged 5.5-liter V8 engine and is able to accelerate from 0 to 62 mph in 3.6 seconds. Top speed is 209 mph. Good thing the front splitter and rear diffuser are modified for increased downforce at high speeds. The ride height also is lowered and the suspension stiffened compared to the regular car, and larger brake rotors are fitted. The interior brings leather and Alcantara upholstery along with gloss-finished carbon fiber trim. Special black wheels and subtle red "722" badges complete the picture. This car has 1,038 miles on the clock, so it must not have been in heavy rotation with Jordan's many other rides. At this writing, the car has a bid of $35,100 with the reserve not met. We'd guess bidding has a way to go before someone has a realistic chance of driving this baby home, since the Buy-It-Now price is $695,750. Featured Gallery Mercedes SLR McLaren ex-Michael Jordan Auto News Celebrities McLaren Mercedes-Benz Auctions Coupe Supercars