car2go revenue 2018


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PDF Annual Financial Statements 2018 Daimler AG

31 déc 2018 · The income statement has been prepared according to the internationally predominant cost-of-sales method The system of presentation according 

PDF H1 2018 Achievements and Results

30 jui 2018 · H1 2018 REVENUE BY BUSINESS UNIT KPIs ( YoY organic growth) Note (5) In 2018 mainly related to the profit on the sale of Car2Go (6) 

Car-Sharing Financials

The market is big and ready, but, is it worth it? Are these companies making money? Why would any of them enter such a crowded space? I ran some financial scenarios for Car2Go based on their public numbers and my estimates. Costs 1. The amortization of old (400) and new cars (450). All of them are Smart cars but of different generations. I assumed

Why Car-Sharing?

As some of the scenarios show, car-sharing is profitable, but it’s not a money machine yet. The financial analysis I ran only contemplates one city. Granted, Madrid is one of the top cities for Car2Go, but they also operate in 25 other locations. Even if we export Scenario I with a slight markdown in other cities, the business generates between 14

Competing with A New Model

While the initial investment to start a car-sharing operation is steep (~15 million euros per city), the car industry is getting involved in droves. This struggle to find the next big thing is driving a fierce competition. Nonetheless, the industry has been competing for decades. Larger models, better consumption, powerful engines, aerodynamic desi

The Daimler Advantage

The question is then, how to maintain top availability and differentiate from the other car-sharing companies. Daimler is one of the few car-sharing services that has executed a long-term, value-chain-wide strategy. The German automaker understood early on that, while car-sharing is the goal, to achieve dominance in that space, it’s not enough to d

Key Takeaways

Car-sharing is the future of personal transportation. During the next few years, we’ll attest to a sharp decline in car sales. The transition period will be bumpy. Cars in the road will soar, and car-sharing services will take the heat. The only way that won’t happen is if cities set bans on fossil-fuel fuelled cars. Go Deeper:That’s been the case

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