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

  • EV charging will require increased investment in cyber security systems
    April 18, 2012
    The technology architecture associated with electric vehicle (EV) charging is continuing to evolve as utilities and other key players in the industry ecosystem identify business requirements and risks associated with adding significant new demands on the electrical grid. One of the most pressing challenges is related to securing financial transactions and end-to-end communications throughout the EV charging infrastructure, and a recent report from Pike Research indicates that these areas will be the focus o
    Read More
  • Intelligent mobility leverages user-focused smartphone business model
    November 13, 2015
    New analysis by Frost & Sullivan claims the mobility network will draw inspiration from the user-interface oriented and service-driven, smartphone business model, to render car ownership an option for consumers. The subscription and user model of accessing vehicles will coexist alongside the traditional sales and ownership model, thereby enabling mobility-on-demand solutions for every commuting need. Even though the analysis, The Future of Intelligent Mobility and its Impact on Transportation, expects a
    Read More
  • Nearly half of vehicles produced annually by 2017 will have fleet management systems
    March 22, 2012
    Vehicle OEMs have traditionally focused on their core competency of vehicle usage and vehicle analysis, rather than transport operation. This has placed them at a disadvantage to independent aftermarket telematics vendors, whose core competence is in transport operation. OEMs have typically limited client contact after selling the vehicle. But this is expected to change once OEMs gradually start offering fleet management systems (FMS) as a standard in their models.
    Read More
  • Robin Chase interview: Heaven and hell
    June 13, 2018
    A shared vision - or even much of a conversation at all - about what a better mobility balance looks like has been lacking…until now. Andrew Stone speaks to Zipcar founder Robin Chase about fairness – and the importance of not demonising cars
    Read More

Highlighted Content