anuary 8, 2020 at 1:52 PM EST
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PARIS--(BUSINESS WIRE)--Jan. 8, 2020-- Regulatory News:
The end of 2019 was a period during which Europcar Mobility Group's (Paris:EUCAR) urban mobility solutions, driven by the performance of Ubeeqo, recorded very strong growth.
- In Paris, Ubeeqo has experienced very strong growth since its ramp-up in the context of the Mobilib' new service, while being stimulated by a strike context.
- In all European cities where the brand operates, it also achieved excellent sales performance.
- These good results confirm the relevance of the strategy deployed by Europcar Mobility Group, aimed at providing attractive mobility solutions that are alternatives to vehicle ownership, as well as the relevance of the Ubeeqo model.
In Paris, Ubeeqo - the leading car-sharing operator - enjoyed an exceptional level of activity in December. The Europcar Mobility Group subsidiary recorded an increase of nearly 60% in the number of reservations compared to the previous month and an increase of nearly 70% in the number of new users compared to the monthly average.
In the other European cities where Ubeeqo operates, the brand also benefited from an excellent commercial dynamic. And, as in Paris, performances in London and Barcelona, in particular, reached historic levels.
Evidence of Ubeeqo's long-term presence in major European cities and of the relevance of its round-trip model, the number of the brand's active customers increased by 53% overall at the end of the year (with a 60% increase in new registrations).
"We are very satisfied - and pleased - with the excellent performance of our Urban Mobility Business Unit over the end of 2019, with exceptional levels of activity and new customer recruitment. They reward our historical positions as a leading car-sharing player in Europe, as well as the relevance of our closed-loop model. The growth momentum they represent bodes well for 2020, in line with the ambitions of our strategic roadmap, SHIFT 2023," said Xavier Corouge, Director of the Urban Mobility Business Unit and member of the Executive Committee of Europcar Mobility Group.
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