25-05-2016 19:39 via uk.news.yahoo.com

BMW invests in California-based carpooling app Scoop

By Paul Lienert and Joseph White DETROIT (Reuters) - German luxury car maker BMW AG on Wednesday said its BMW iVentures venture capital arm has invested an undisclosed amount in California-based Scoop Technologies, which offers a smartphone-powered carpooling service called Scoop. BMW's move is the latest in a flurry of investments by automakers in technology industry startups that appear to be aimed at convincing consumers to do without owning their own cars, or driving vehicles as often. After
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