BMW, Daimler Pare Back Car-Sharing Service

The video discusses the challenges faced by car sharing companies, highlighting the early entry into the market and the dependency on constant demand. It compares the profitability struggles of Uber and Lyft with the relatively better performance of BMW and Daimler's Free Now, which is more taxi-dependent. The video also outlines the cautious approach of car manufacturers like BMW and Daimler in 2020, focusing on cost-cutting and core competencies amid new regulations.

What expectations do you have for the future of car sharing and ride-hailing services?

What strategies are car manufacturers employing in 2020 to cope with market challenges?