Zipcar Acquires Austrian Car Sharing Service

Frerk-Malte Feller, president of Zipcar Europe (right) shakes hands with Christof Fuchs, managing director of Denzel Mobility CarSharing GmbH, after Zipcar's acquisition of CarSharing.at in Austria on July 11, 2012. (PRNewsFoto/Zipcar Inc.)
Frerk-Malte Feller, president of Zipcar Europe (right) shakes hands with Christof Fuchs, managing director of Denzel Mobility CarSharing GmbH, after Zipcar's acquisition of CarSharing.at in Austria on July 11, 2012. (PRNewsFoto/Zipcar Inc.)

Zipcar acquired Denzel Mobility CarSharing GmbH in Austria, which operates under the name CarSharing.at, according to a Zipcar announcement on July 11.

Denzel Mobility CarSharing GmbH offers 200 vehicles for 10,000 members across Vienna, Innsbruck, Salzburg, Graz and other cities across the country.

The acquisition is not expected to have a material impact on Zipcar’s 2012 third quarter or full-year financial results, the company reported.

“The acquisition of CarSharing.at in Austria gives us access to an established car sharing business in a key market with high growth potential,” said Scott Griffith, chairman and CEO of Zipcar. “We believe we can scale the CarSharing.at business in Austria with our technology, car sharing expertise and extensive network.”


For an ARN article about the car sharing experience from the user perspective, click here to read "Revealing the Car Share Experience."

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Why Do We Visit Capitol Hill?

Members of the American Car Rental Association met with U.S. senators, representatives, and their aides last week. Here’s why bringing the message to this forum matters.

The Customer Isn’t Always Right

Not caving to a customer with a blatant agenda may have consequences, especially for a small rental company that relies on stellar Yelp ratings to advertise. But business integrity must prevail.

The Truth Behind Compact Van Depreciation

Why are large van values holding up better than their compact counterparts, and will it last?

Job Finder: Access Top Talent. Fill Key Positions.