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The plan would cut debt by 1.1 billion euros in exchange for shares and control of the company.
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Mark Lister has spent most of his career in the car rental industry, where he had the opportunity to hold various positions, from the field to the management of teams and commercial development.
Read More →While Europcar managed to generate positive adjusted corporate EBITDA on cost cutting, revenue fell to 537 million euros in the third quarter of 2020. Europcar no longer providing full-year guidance for 2020.
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Through this partnership, Geotab and Telefónica will provide the Europcar with seamless access to engine data, driving behavior, and GPS location.
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The rental group will now announce its results on Oct. 26.
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Vigeo Eiris, which benchmarks corporate environmental, social and governance, has awarded a score of 61/100 to Europcar Mobility Group, raising the Group to the "Advanced" level.
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Every year, the AFRC rewards the most successful players and the most innovative initiatives in terms of customer strategy during the Palmes de la Relation Client event.
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Isabel Martinez’s main objective will be to deploy the group's CONNECT 2023 plan in France, which aims at responding to customers’ new mobility needs and expectations through adapted offers and services in order to fully benefit from the post Covid-19 crisis market rebound in the coming years.
Read More →Europcar: As Covid-19 continues to be present throughout the world, the timing of the recovery remains highly uncertain.
Read More →The investment firm is looking to sell its 29.8% stake in Europcar by September. If a new owner doesn’t emerge, the company would enter talks on a debt restructuring deal.
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