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BMW takes majority share in Parkmobile

Parkmobile parking meter

BMW has taken a majority share in the leading mobile parking solution Parkmobile, with millions of users worldwide. The two companies join forces to take the next step into the future of mobility.

Parking is currently available with all phones, but in the near future parking solutions will also be integrated in the car. In addition, the future will include 'smart' solutions, for instance the possiblity of reservations and on demand parking spots, to where the car can drive itself. The parking solutions will be available to all car brands.

Apart from connected parking solutions, the mobility services for Parkmobile will be extended. Both parties anticipate the development from ownership to a sharing economy. BMW is developing a broad range of mobility services next to the production of cars to support this development. BMW acts as strategic investor for Parkmobile, which will function independently. Parkmobile keeps offering their usual quality and service, also for other car brands.

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