Porsche Bank Launches sharetoo, Subscription Service in Europe

Under the brand "sharetoo – mobility by Porsche Bank," the Austrian financial services provider for motor vehicles is involved in the carsharing market in Austria, Romania, and Serbia. Porsche Bank plans to add to its portfolio by rolling it out in other countries as well.

As a partner, Porsche Bank relies on the shared mobility experts from MOQO in Aachen, Germany.

Porsche Bank AG is part of Porsche Holding. For many years, the company has been the Austrian market leader in vehicle leasing and insurance. In addition, Porsche Bank has subsidiaries in Hungary, Slovenia, Slovakia, Croatia, Romania, Serbia, Montenegro, Bulgaria, Macedonia, Ukraine, Albania, Colombia, Chile, and Bosnia Herzegovina. In these countries it represents Volkswagen, Audi, SEAT, ŠKODA, Porsche, VW Commercial Vehicles, Bentley, Bugatti, Lamborghini, Ducati, MAN, and Scania. 

"Alternative mobility solutions are in great demand and flexibility is playing an increasingly important role," Dominik Grimm, project manager at sharetoo, said in a statement. "This innovative car-sharing concept offers something for everyone. The offer is interesting for those wanting to share a car and combine sustainable mobility with the latest technology."

In order to continue offering customers this flexibility and meet their diverse mobility needs, Porsche Bank has added another mobility solution to its attractive package solutions for financing, insurance, and service in addition to the carsharing offer with a car subscription. With autoabo, customers can choose between four different vehicle categories depending on the length of subscription term of three, six, or 12 months and their mobility needs. A change of model is additionally possible on a monthly basis. 

sharetoo works closely with municipalities and local associations to provide services that are as tailored as possible. Other partners include businesses, housing complexes, and car dealers who need replacement or test vehicles.