BMW invests in Parkmobile Group as part of drive to enhance service

Parkmobile and RingGo systems join range of driver aids

Harry Clarke

Harry Clarke

German car maker BMW has made a major equity investment in imternational phone parking provider Parkmobile Group.  

The deal includes the strategic integration of BMW Group’s existing pre-paid parking solution, ParkNow, with Parkmobile’s own established on-demand parking operations, which include the RingGo brand under which it primarily trades in the UK.

The deal builds on partnership announcements made between BMW and Parkmobile at US motor shows this autumn.

The new deal...

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