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

  • Q&A: Why has Almaviva bought Iteris?
    January 17, 2025
    US-based ITS sector veteran Iteris has been bought for $335m by Italian digital specialist Almaviva. But who exactly is the new owner and what does it want? Adam Hill finds out…
  • VeriFone wins Austrian rail ticketing contract
    April 18, 2012
    VeriFone Systems has announced its Payware Mobile Enterprise and managed services solution has been selected by Austrian company Westbahn Management for use as a mobile ticketing validation and payment service when its innovative rail service begins this December.
  • Growth of China’s hybrid and electric powered vehicles market
    November 30, 2012
    New analysis from Frost and Sullivan, Strategic Analysis of the Chinese Hybrid and Electric Transit Bus Market, finds that the total hybrid and electric transit bus sales in China are expected to reach over 12,000 units by 2018, from 3,374 units in 2011. By 2018, the hybrid and electric powertrain penetration in transit buses is anticipated to be more than 14 percent. The total transit bus sales are likely to exceed 80,000 units by 2018, cementing China's domination of the global transit bus market. This is
  • Developments in smarter multi-modal fare paynment
    February 2, 2012
    This section pulls together all the multi-modal topics in each issue. Subject matter will include smartcards; ticketing and payment systems; passenger information systems; fleet management for buses, trains and light rail; park and ride systems; on-line access to real-time information via Internet portals