Europcar Group has agreed to acquire Buchbinder, one of the largest car rental companies in Germany. Germany is the largest country for the Europcar Group in terms of revenues and through the acquisition of Buchbinder the company intends to significantly improve its penetration of the low cost segment.
Europcar has announced results for the first quarter 2017, revealing the group generated revenues of €439.3 million during the period. This is up 6.6 per cent at constant exchange rates compared with the first quarter of 2016.
As the brand expands its presence in the Middle East with its latest opening at Dubai International Airport, Breaking Travel News chats with Jean de Thé, group director, InterRent, about its ambition to bring low-cost mobility solutions to the Middle East.
Europcar has launched its new mobility flagship station in Brussels. Designed as a unique and exclusive multimodal platform, the new station reflects the group’s ambition to become a global mobility solutions leader.
Europcar UK has opened its latest commercial vehicle supersite at Heathrow Skyport. The new West London hub, with its convenient positioning near the motorway network as well as Heathrow airport, is set to provide businesses with access to a dedicated van hire service.
Europcar UK is demonstrating its commitment to sustainable mobility solutions with the opening of a new branch at Milton Keynes Central railway station. Making all forms of vehicle rental - from hybrid and electric vehicles to hourly hire and long term rental - available from the heart of the railway station, the new location sets the benchmark for connected mobility.
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.