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

  • Global toll revenues $8.5bn while technology ‘battles’ continue
    April 9, 2014
    ABI Research’s Dominique Bonte talks to Jason Barnes about trends in tolling and how a wider appreciation of technology options is sorely needed. Global Electronic Toll Collection (ETC) solution revenues will grow to $8.5bn by 2018, with ETC becoming a main source of funding for both Intelligent Transport Systems (ITS) and Vehicle-to-X (V2X) cooperative infrastructures, according to a new report from ABI Research (Chart 1). But, says the report’s author, ABI Research vice president and practice director Dom
    Read More
  • Mega trends will challenge transport technology
    June 5, 2015
    Jon Masters investigates some of the longer term trends that will shape transportation over the next 20 years. Business analysts and investors have already placed their bets on a future of technological smart mobility services. In December last year, the Wall Street Journal reported that Uber, the on-demand taxi and lift share smartphone app and start-up business, had been valued at $41.2 billion which, as the Journal reported, is an incredible vote of confidence for a company only five years old.
    Read More
  • Coalition to address deterioration in US transportation system
    April 25, 2012
    The American Crisis in Transportation Coalition (ACT) has been formed to expand national understanding of the serious deterioration of America’s transportation system, and to educate the public and Congress on the funding needed to save the system from continued decline.
    Read More
  • Five million fleet management systems in Europe by 2015
    April 23, 2012
    According to a new research report from the analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in Europe was two million in Q4-2010. Growing at a compound annual growth rate (CAGR) of 20.7 per cent, this number is expected to reach five million by 2015.
    Read More

Highlighted Content