by Kirsten Korosec : fortune – excerpt
DriveNow CEO Rich Steinberg still sees potential in the U.S. market despite challenges—namely parking—in San Francisco.
There are 900 parking spaces for car-sharing vehicles in San Francisco. And DriveNow, a car-sharing joint venture between BMW Group and Sixt SE, can’t use any of them.
So perhaps it’s no surprise the company decided recently to suspend service effective Nov. 2 in San Francisco, the only U.S. city it was operating in.
“We came to market here because San Francisco makes a lot of sense in terms of car-sharing—in general,” DriveNow USA CEO Rich Steinberg told Fortune. “At the time, we were hoping to work with the city on a parking solution similar to what we have in existence in our European cities.”…
In San Francisco, car-sharing companies must compete with a large variety of transportation options as well as fit within the confines of the city’s parking regulations.
Every organization that participates in San Francisco’s on-street car-sharing parking program is eligible for 150 parking spaces—or about 0.05% of the city’s total on-street parking supply, according to Shaheen… (more)
One more instance of SFMTA picking “sharing” winners and losers. SFMTA creates policies that limit their competition. Is this legal?