Daimler Mobility Services Acquires Majority Stake in Chauffeur Privé
Daimler Mobility Services controls more than 50 percent of the French private vehicle rental service and plans to fully acquire Chauffeur Privé by 2019.
by Staff
December 24, 2017
Daimler Mobility Services is part of the Daimler Group.
1 min to read
Daimler Mobility Services is part of the Daimler Group.
Daimler Mobility Services has acquired a majority stake in Chauffeur Privé, a private vehicle rental service in France.
As of now, Daimler Mobility Services controls more than 50 percent, and plans to fully acquire Chauffeur Privé by 2019. The deal is still subject to regulatory approval.
Ad Loading...
“With this step, we continue to dynamically expand our portfolio and presence in Europe and solidify our leading position in multi-modal mobility services,” said Klaus Entenmann, CEO, Daimler Financial Services AG. “We have found an excellent partner for France with Chauffeur Privé whose ability to deliver mobility at your fingertips ideally complements our current portfolio and approach."
The combination brings actionable vehicle insights into PurCo’s PurInspect platform, improving damage detection and operational efficiency for rental fleets.
LOR related to insurance claims overall continues to trend downward, but ongoing market and economic conditions could affect future results while the industry deals with staffing and productivity challenges.
West Coast disasters pose unique challenges and liabilities for rental fleet operators, who are advised to take steps tailored to their specific situations.
Angry car renters are storming social media, the mainstream media, and online ratings platforms to complain about charges they claim are either unfounded or excessive.