The Evolution of Europcar Mobility Group | From Local Venture to International Powerhouse
3 min read
History of Europcar Mobility Group
In 1968, Jean-Claude Biver and his wife founded a small rental car company in France. The company, which would later be renamed Europcar Mobility Group, quickly became one of the country's leading car rental companies.
In 1984, Europcar acquired the German rental car company Avis. Under the leadership of Jean-Claude Biver, Europcar continued to grow rapidly, acquiring additional rental car companies in both France and Germany. In 2002, Europcar merged with National Car Rental Company (NCR), creating Europcar NCR. The new entity was the largest car rental company in Europe and the third largest in the world.
Achievements of Europcar Mobility Group
Europcar Mobility Group is a multinational car rental company with operations in over 50 countries. The company was founded in 1978 as a small local venture in France, and has since grown into one of the leading car rental companies in the world. Europcar Mobility Group has achieved a number of notable achievements over the years, including becoming the first car rental company to be listed on the Paris Stock Exchange and expanding its operations to include international air travel. In 2016, Europcar Mobility Group was acquired by Avis Budget Group, valuing it at €10 billion. The company continues to operate under its own brand name and retains its independent management team.
Future prospects of Europcar Mobility Group
Europcar Mobility Group is a French multinational car rental company headquartered in Paris. The group operates over 9,000 locations in over 50 countries. In fiscal year 2017, Europcar Mobility Group generated revenues of €10.4 billion, and employed around 39,000 people.
The Evolution of Europcar Mobility Group: From Local Venture to International Powerhouse
The story of Europcar Mobility Group is the story of a successful French multinational car rental company that has come a long way from its humble beginnings as a local venture. Today, Europcar Mobility Group operates over 9,000 locations in over 50 countries and generates revenues of €10.4 billion annually.
Europcar was founded in 1976 by three friends – Jean-Pierre Lefebvre, Philippe Pécresse (both managers at Renault), and Bernard Stasiak (an entrepreneur). They pooled their money to start up a small car rental business in Lyon. Initially, the company only served customers who worked at nearby Renault factories or who were residents of the surrounding area.
Conclusion
Europcar Mobility Group has come a long way since its humble beginnings as a local venture in France. Today, the company is one of the largest international mobility groups, with operations in over 45 countries and more than 1,000 employees. This success story is the result of hard work and determination on the part of Europcar Mobility Group's founders and employees. Through perseverance and innovation, they have built a powerful business that continues to grow and prosper thanks to its passionate customers around the world.
