Skip to main content

Zipcar acquires leading Austrian car sharing service

Zipcar, which claims to be the world's leading car sharing network, has announced the acquisition of Denzel Mobility CarSharing in Austria, which operates under the name CarSharing.at. This transaction follows Zipcar's acquisition of a controlling interest in Barcelona-based Catalunya Carsharing, known as Avancar, in February 2012. The acquisition also comes on the heels of Zipcar's integration of Streetcar operations in the UK last year and the recent appointment of Frerk-Malte Feller as president of Zipca
July 12, 2012 Read time: 2 mins
RSS3874 Zipcar, which claims to be the world's leading car sharing network, has announced the acquisition of Denzel Mobility CarSharing in Austria, which operates under the name CarSharing.at. This transaction follows Zipcar's acquisition of a controlling interest in Barcelona-based Catalunya Carsharing, known as Avancar, in February 2012. The acquisition also comes on the heels of Zipcar's integration of Streetcar operations in the UK last year and the recent appointment of Frerk-Malte Feller as president of Zipcar Europe.

Denzel Mobility CarSharing has a presence in Vienna, Innsbruck, Salzburg, Graz and other cities across Austria. The company currently offers just under 200 vehicles and serves 10,000 members in Austria.

"Vienna is a sophisticated city with great public transit, a government dedicated to sustainability and eco-conscious consumers and businesses.  It is a very attractive market for car sharing," said Frerk-Malte Feller, president of Zipcar Europe. "As the global leader in the car sharing space, we aim to further strengthen the CarSharing.at member experience and technological offerings, and make car sharing a mainstream transport option in Austria."

According to research by Frost & Sullivan, the market for car sharing in Europe is expected to reach 5.5 million members and has the potential to reach over US$3.18 billion in revenue.

For more information on companies in this article

Related Content

  • European bike sharing market fuelled by innovations and government support
    February 7, 2017
    New research by Frost & Sullivan, European Bike Sharing Market, Forecast to 2025, indicates that the bike sharing fleet will more than double in size from 151,302 units in 2016 to 341,250 units in 2025. Southern and Western Europe have high public bike sharing service (BSS) activity. About 196 cities in Southern Europe have more than 35,000 rental bikes; in Western Europe, 150 cities have nearly 70,000 rental bikes. Spain and France are the strongest markets, but the UK, Germany and Italy are expanding quic
  • Corporate car sharing fleets set to reach 85,000 vehicles in 2020
    February 24, 2014
    A recent analysis from Frost & Sullivan estimates the number of vehicles in car sharing fleets to stand at around 2,000 in 2013 and forecasts that by 2020 there could be between 75,000 and 100,000 of such vehicles in operation, as providers such as OEMs, leasing arms, rental companies, car sharing organisations (CSOs) and technology providers continually enter the market and expand geographically with competing solutions. With more than half of European automobile sales now accounted for by fleet sales, set
  • Ptolemus' short guide to picking an ITS winner
    January 11, 2024
    What makes a good ITS investment and what are the chances of the money coming into transportation creating an unsustainable bubble? Frederic Bruneteau and Alberto Lodieu of Ptolemus Consulting Group take a look at the market and suggest some key areas of interest for the future
  • Europe’s Sartre road train project takes to public roads
    May 29, 2012
    A road train, comprised of three Volvo cars plus one truck automatically driving in convoy behind a lead vehicle, has operated on a public motorway among other road users. The historic test on a motorway outside Barcelona, Spain, took place last week and was pronounced a success. “This is a very significant milestone in the development of safe road train technology,” commented Sartre project director, Tom Robinson of Ricardo. “For the very first time we have been able to demonstrate a convoy of autonomousl