
Buyers can choose from a wider array of trims and styles on the OEM’s most popular models.
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Following VW's closing of the Europcar transaction, the manufacturer aims to secure a significant share of the global market for mobility services. Pilot phases of the services are slated to start in Vienna later this year and Hamburg early 2023.
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Volkswagen reveals concept car as a preview of the electric vehicle family flagship. The four-door production model will be offered worldwide in the future in the premium mid-size segment.
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The luxury Volkswagen ID. AERO premieres on June 27 and will be released first in China next year before coming to North America.
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The bid is said to have come from Volkswagen AG and would have valued the rental company at about €2.2 billion ($2.6 billion).
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Volkswagen has already been using the e-Golf for its own car sharing service, We Share, since 2018.
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According to German publication Manager Magazin, Volkswagen is reportedly interested in taking a 15% in the global mobility brand.
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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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VW has contacted Europcar to express interest in an acquisition and carry out due diligence, though the talks are preliminary.
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Prague and Hamburg in the spring are to be followed by Paris, Madrid, Budapest, Munich, and Milan in the course of the year.
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