Car2go Growing In The Global Carsharing Business

car2go Growing In The Global Carsharing Business

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Jan Nineteen, 2017, Ten:49 ET

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– 21-percent more car2go trips taken in two thousand sixteen than 2015

– car2go membership rose by 43-percent to Two.Two million

– Highest membership growth in Madrid , Berlin and Vancouver

– Vehicle utilization enlargened by approximately forty percent inbetween Q4 two thousand fifteen and Q4 2016

STUTTGART , Germany and AUSTIN, Texas , Jan. Nineteen, two thousand seventeen /PRNewswire/ — car2go keeps growing. In financial year 2016, the market leader in pliable, one-way carsharing grew its customer base by 43-percent to Two.Two million global members. Every 1.Four seconds, a car2go member takes a excursion in a car2go vehicle in one of the service’s twenty six car2go cities spread across North America , Europe , and Asia .

In North America , Vancouver leads car2go membership with approximately 120,000 local members. In the U.S., Seattle leads with more than 85,000 members. Every three seconds, a car2go member in North America takes a car2go tour, with more than thirty two million trips taken since launch.

In 2016, car2go’s global network of almost 14,000 vehicles were rented more than twenty two million times, a 21-percent increase compared to 2015. Globally, car2go’s greatest two thousand sixteen customer growth was seen in the cities Madrid (+96,000), Berlin (+47,000), Vancouver (+26,000) and Hamburg (+26,000).

Utilization of car2go vehicles enlargened by approximately 40-percent inbetween Q4 two thousand fifteen and Q4 2016. As a general rule, the more frequently collective vehicles like car2gos are moving members around a city, the better carsharing fulfills its purpose to help people lightly and affordably get from point A to point B while helping to reduce their city’s overall road congestion. This is because collective vehicles do not take up scarce parking space as often, and they more frequently substitute private cars, which are increasingly expensive and inconvenient to own in dense cities.

Olivier Reppert , global CEO of car2go Group, is optimistic for 2017: “Carsharing is a very dynamic growth market. car2go will proceed to grow our business in the coming year, too – with fresh fleets, fresh offers, and fresh products.”

“car2go is an integral part of our comprehensive mobility offerings,” said Klaus Entenmann , CEO of Daimler Financial Services AG. “Millions of people all over the world are using our mobility services, and they all have one thing in common: they want up-to-date, pliable, and spontaneous mobility in their city – without wielding a car.”

car2go is the market leader in the free-floating car-sharing sector and is a wholly possessed subsidiary of Daimler AG. With the car2go carsharing concept, wise and Mercedes-Benz vehicles can be hired anywhere and anytime at affordable (per minute) prices. The vehicles can be found, booked, and paid by using a smartphone. The car2go carsharing service has been operating since 2008. It is internationally available at twenty six locations (14 in Europe , including seven in Germany , eleven in North America , and one in Asia in Chongqing/China ). Transnational usage is possible within Europe and North America . The approximately 14,000 vehicles have been rented over seventy two million times by more than Two.Two million customers. Purely electrical fleets with a total of 1,300 vehicles are available in three locations ( Stuttgart , Amsterdam , and Madrid ). Thus, car2go is one of the largest providers in the electrical vehicle carsharing sector. The car-sharing provider’s global headquarters is in Leinfelden-Echterdingen, near Stuttgart . car2go’s North American headquarters is located in Austin, TX.

Daimler AG is one of the most successful automotive companies in the world. With its business divisions Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services, the vehicle manufacturer is one of the largest suppliers of premium cars and the world’s thickest manufacturer of commercial vehicles. Daimler Financial Services offers financing, leasing, fleet management, insurance policies, capital investments and credit cards as well as innovative mobility services. The company’s founders, Gottlieb Daimler and Carl Benz , made history with the invention of the automobile in 1886. As a pioneer of automotive construction, Daimler resumes to form the future of mobility today: the Group’s concentrate is on innovative and green technologies as well as on safe and superior automobiles that appeal to and fascinate its customers. Daimler invests continually in the development of alternative drive systems – from hybrid vehicles through to unspoiled electrified vehicles with batteries or fuel cells – with the aim of making emission-free driving possible in the long term. Additionally, the company emphatically promotes accident-free driving and intelligent networking, right through to autonomous driving. Daimler sees living up to its responsibility to society and the environment as both an aspiration and an obligation. Daimler sells its vehicles and services in almost all countries of the world and has production facilities in Europe , North and South America , Asia and Africa . The brand portfolio includes in addition to Mercedes-Benz, the world’s most valuable premium automobile brands, Mercedes-AMG, Mercedes-Maybach and Mercedes me, the brands brainy, Freightliner, Western Starlet, BharatBenz, FUSO, Setra and Thomas Built Buses and the Daimler Financial Services brands: Mercedes-Benz Bank , Mercedes-Benz Financial, Daimler Truck Financial, moovel, car2go and mytaxi. The company is listed on the Frankfurt and Stuttgart stock exchanges (stock exchange abbreviation DAI). In 2015, the company sold around Two.9 million vehicles and had a workforce of a total of 284,015 employees. The turnover was 149.Five billion euros , the EBIT amounted to 13.Two billion euros .

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