Audi to Buy Out US Mobility Startup, Silvercar Inc

Audi to Buy Out US Mobility Startup, Silvercar Inc

0 comments 📅31 March 2017, 03:30

Audi and Silvercar Inc be enduring been working together since 2015, and now the German auto maker wants to buy the American startup.

The companies be struck by worked together in the past to offer mobility services such as Audi on Require. Silvercar’s rental fleet, meanwhile, is made up entirely of Audi A4s, and was recently won the “World Junkets Award” for the best rental service in North America.

“Audi and Silvercar divide up the same vision,” said Dietmar Voggenreiter, Audi’s head of marketing. “We thirst for to open up a new, flexible way to access mobility for our customers while offering premium distinction in every respect. Now we are joining forces and, together, are driving our initiative for innovative mobility services forward.”

With Audi’s purchase, Silvercar will continue to work on mobility services for Audi in North America.

The companies are now waiting on regulatory approval for the dole out.

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