Europcar Group has confirmed the acquisition of GuidaMi, the station-based car sharing company in Milan. The European vehicle rental services provider take control of the company through subsidiary Ubeeqo, an innovative mobility start-up in which Europcar owns a majority share.
Europcar Group has confirmed the acquisition of its Irish franchisee, one of its biggest in terms of revenue. Through this acquisition, the group extends its corporate network from nine to ten countries, benefiting from strong leisure flows coming from all its subsidiaries, and strengthens its mobility footprint with the acquisition of the car rental and car sharing activities.
Europcar Group’s supervisory board today announced the appointment of Caroline Parot as chief executive officer, effective immediately. She succeeds Philippe Germond, with a mandate to accelerate the implementation of the group’s strategy of becoming a leader in global mobility solutions.
Europcar UK is taking a ground-breaking step by adding hydrogen fuel vehicles to its fleet. Underpinning this initiative is the company’s successful bid for an Office for Low Emission Vehicles grant of €200,000, which is enabling the company to harness Toyota’s hydrogen fuel technology. As the largest private sector winner of the coveted OLEV grant, Europcar UK is adding several Toyota Mirai to its fleet, giving it the largest privately owned fleet of hydrogen cars and strengthening its commitment to reducing fleet emissions.
Europcar has announced total revenue of €707 million compared for the third quarter of 2016, compared to a figure of €693 million in 2015. This represents a 5.1 per cent increase at constant currency. Excluding Locaroise, its third French Franchisee (fully consolidated since July), total revenues growth reached 4.5 per cent.
As it marks its third successive year as the official Mobility Partner for WTM London, Europcar will be showcasing its latest developments to help reduce the stress for busy travellers. A number of enhancements have been made to the Europcar Deliver & Collect service, to take the stress out of picking up and returning rental vehicles.
Europcar Lab has announced the launch in France of an innovative pilot with GoMore, the European leader in no-fee car sharing. They have designed a new everyday car product that combines medium-term rental with the option of car sharing. This innovative urban mobility solution, called Drive & Share, allows customers to rent a car for four to 12 months, with the option of sharing it on the GoMore platform whenever they aren’t using it.
Vijay Kumar, group general manager, Europcar Dubai, talks to Breaking Travel News about their successful growth in the car rental sector in the Middle East.
Following the announcement earlier this year that it was setting up a new organisation structured around business units, Europcar Group has organised its management board in order to optimise the roll out of its strategy. Management board members’ roles have now been redefined and they will focus on their new group responsibilities.
InterRent and topbonus have partnered to offer its members the best deals available with the Europcar Group low-cost brand. airberlin is the second largest airline company in Germany, while its frequent flyer program topbonus has more than four million members.
Europcar has extended its rental network with the opening of two new central London locations. The new branches, in Bloomsbury and on Marylebone Road, are ideally situated to provide affordable and flexible car hire in central London, where the cost of car ownership is at its highest. The opening of the sites brings the number of Europcar rental locations in the capital to 31.
Europcar has launched Europcar Long Term, a new fixed-rate product designed to give motorists fixed prices on monthly car hire. With rates starting at £360 per month for the mini category and a monthly mileage allowance of 2,520 miles, the leader in car hire services in Europe believes its new solution provides motorists with an ideal alternative to car ownership, maintenance and servicing costs.