car2go Rentals Up 21% YOY

Photo courtesy of car2go
Photo courtesy of car2go

In financial year 2016, car2go’s carsharing service grew its customer base by 43% to 2.2 million global members. Every 1.4 seconds, a car2go member takes a trip in a smart fortwo vehicle in one of the service's 26 car2go cities spread across North America, Europe, and Asia, according to the company.

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 trip, with more than 32 million trips taken since it launched, according to the company.

In 2016, car2go's global network of nearly 14,000 vehicles was rented more than 22 million times, a 21% increase compared to 2015, says the company. Globally, car2go's greatest 2016 customer growth was seen in the cities Madrid (+96,000), Berlin (+47,000), Vancouver (+26,000), and Hamburg (+26,000).

Between Q4 2015 and Q4 2016, utilization of car2go vehicles increased by approximately 40%.

"Carsharing is a very dynamic growth market,” said Olivier Reppert, global CEO of car2go Group. “car2go will continue to grow our business in the coming year, too — with new fleets, new offers, and new 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, flexible, and spontaneous mobility in their city — without owning a car."

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