PSA Group and MAIF Join Forces to Bring TravelCar to the United States with Carsharing Services
February 22 2017 - 3:23AM
Business Wire
- As part of the Push to pass
strategic plan, an operation which fuels PSA’s ambition to become
the preferred mobility provider for customers worldwide
- A concretization of the 10 years’
PSA project for the progressive entry into North America with
mobility services launching
Regulatory News:
As of April 1st 2017, TravelCar with the support of PSA Group
(Paris:UG) and MAIF enters the United States with car rental offers
for travelers, in Los Angeles and San Francisco airports. The
offered solutions are designed to optimize cars ensuring they
rarely go unused and become a resource for car owners.
Three kind of services are offered to travelers; either owner or
car user. Car owners who make their vehicle available for rent
benefit from free parking. If the vehicle is rented out, the car
owner is also paid. An advantageous-price parking solution is also
available for car owners who prefer not to share their vehicle.
Last, car users looking for a vehicle can have access to a private
car at a reduced price – approx. 50% less expensive than with a
traditional car rental offer.
This kind of offer is today unique on the American market, which
has more than 850 million travelers per year. Los Angeles and San
Francisco airports are respectively the 2nd and the 7th biggest
airports in the United-States. Moreover, the 2 cities located close
to the Silicon Valley are favorable for these new offers
deployment.
For this launch, TravelCar just finalized a fundraising of €15
million thanks to PSA Group and MAIF. It is a significant
deployment for the French company TravelCar, which was founded in
2012, and has a network of over 200 agencies and 300,000 users in
ten European countries, before entering the American continent.
“We announced our progressive entry to North America by
launching mobility services with our partners” declares Grégoire
Olivier, Head of Mobility Services, PSA Group. “We deploy these
services worldwide to meet customers’ expectations. With TravelCar
today, we’re writing the beginning of this new step overseas.”
“With PSA Group and MAIF support, TravelCar entering the
American market is taking a new step forward in its international
growth”, declares Ahmed Mhiri, Founder & CEO TravelCar. “Our
offer takes care of travelers from their departure, offering them a
parking solution, and their arrival with an accessible and
eco-responsible mobility solution.”
“We are pleased to support our partners in their growth and
development, especially at the international scale when the time
has come ... and that’s now for TravelCar!" declares Eric Berthoux,
Deputy CEO of MAIF Group.
About PSA Group
With sales and revenue of €54 billion in 2015, the PSA
Group designs unique automotive experiences and delivers mobility
solutions that provide freedom and enjoyment to customers around
the world. The Group leverages the models from its three brands,
Peugeot, Citroën and DS, as well as a wide array of mobility and
smart services from its Free2Move brand, to meet the evolving needs
and expectations of automobile users. The French automobile
manufacturer PSA is the European leader in terms of CO2 emissions,
with average emissions of 102.4 grams of CO2 per
kilometer in 2016, and an early innovator in the field of
autonomous and connected cars, with 1.8 million such vehicles
worldwide. It is also involved in financing activities through
Banque PSA Finance and in automotive equipment via Faurecia. Find
out more at groupe-psa.com/en.
New media library:
https://medialibrary.groupe-psa.com/
About TravelCar
TravelCar is the world leader in traveler-to-traveler carsharing
services. TravelCar offers travelers free parking at airports,
train stations and city centers in exchange for renting their cars
out to other customers. The car owner gets free parking, earns
money with the rental while the renter pays low rates for a high
quality service. For car owners that prefer not to share their car,
TravelCar also offers parking solutions that are 50% cheaper than
official parking facilities. TravelCar brokers parking spots at an
extensive network of parking facilities through travel agencies and
its website travelcar.com. TravelCar was founded in 2012 in France
and grew exponentially ever since. Present already in European
countries, TravelCar is launching its operations in North America.
TravelCar has more than 300,000 members, is available in 10
countries and continues to expand worldwide. Get more information:
us.travelcar.com
About MAIF
4th automobile insurer in France and 1st insurer of the
associative sector, MAIF covers all the needs of its 3 million
members (non-life insurances, foresight, health, assistance,
savings, credit …). The mutual insurance company is regularly
approved by a large majority regarding customer relationships,
being at the top of the French companies, all sectors combined. In
2015, the MAIF group generated a €3.365 billion turnover. For more
information: www.maif.fr
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170222005624/en/
PSA GroupMedia contact: +33 1 40 66 42
00orCorporate:Marguerite Hubsch, +33 1 40 66 34
67marguerite.hubsch@mpsa.comorU.S:Shane Smith,
+1 424 903 3665
(o)ssmith@pacificcommunicationsgroup.comorTravelCarMedia
contact:WORDCOM Consulting, +33 1 45 44 82 65orEglantine
de Cossé Brissac, + 33 6 65 58 92
19eglantine@wordcom.frorMathilde Désidéri, + 33 6 74 58 20
21mathilde@wordcom.frorMAIFContact MediaSylvie Le
Chevillier, + 33 5 49 73 75
60sylvie.le.chevillier@maif.frorGarry Menardeau, + 33 5 49
73 75 86garry.menardeau@maif.fr
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