Renault Group Announces Major Shift in Mobility Strategy In a move that signals a significant change in the global automotive landscape, French automaker Renault Group has announced the discontinuation of its Mobilize car-sharing and microcar programs. Citing a lack of profitability, the company will instead absorb some of the unit's operations into its larger group, marking a major shift in its mobility strategy. This decision comes as the industry grapples with the challenges of electric vehicle adoption, changing consumer preferences, and the increasing competition from ride-hailing services. As automakers adapt to these shifts, Renault's move is being closely watched by industry observers and investors, who are eager to see how the company will navigate the evolving mobility market.
PARIS — Citing a lack of profitability, Renault Group is discontinuing its Mobilize car-sharing and microcar programs and absorbing some of the unit’s operations into the larger group, as automakers’ ...
