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EU Urban Mobility Observatory
News article7 May 2021

Porsche Bank expands its car sharing for companies and communities

Under the brand 'sharetoo – mobility by Porsche Bank', the Austrian financial services provider for motor vehicles has been involved in the car sharing market for several years. Currently, sharetoo services are available in Austria, Romania and Serbia. Porsche Bank plans to add to its portfolio by rolling them out in other countries as well. As a partner, Porsche Bank relies on the shared mobility experts from MOQO in Aachen, Germany.

For many years, the company has been the Austrian market leader in vehicle leasing and insurance. In addition, it has subsidiaries in the countries where the Austrian Porsche Holding is present as an importer or retailer. These are Hungary, Slovenia, Slovakia, Croatia, Romania, Serbia, Montenegro, Bulgaria, Macedonia, Ukraine, Albania, Colombia, Chile and Bosnia Herzegovina. In these countries it represents Volkswagen, Audi, SEAT, ŠKODA, Porsche, VW Commercial Vehicles, Bentley, Bugatti, Lamborghini, Ducati, MAN and Scania. In all of these places and, indeed globally, the "mobility of tomorrow" is an important topic.

Trend: Mobility Flexibility

The "mobility of tomorrow" is also characterised by the fact that mobility demands are changing. Dominik Grimm, project manager at sharetoo, stated: "Alternative mobility solutions are in great demand and flexibility is playing an increasingly important role. This innovative car-sharing concept offers something for everyone. The offer is interesting for those wanting to share a car and combine sustainable mobility with the latest technology."

In order to continue offering customers this flexibility and meet their diverse mobility needs, Porsche Bank has added another mobility solution to its attractive package solutions for financing, insurance and service in addition to the car sharing offer with a car subscription: With 'autoabo - mobility by Porsche Bank', customers can choose between four different vehicle categories depending on the length of subscription term of 3, 6 or 12 months and their mobility needs. A change of model is additionally possible on a monthly basis.

Diverse partnerships for customer-oriented offers

'sharetoo' works closely with municipalities and local associations to provide services that are as tailored as possible. Other partners include businesses, housing complexes, and even car dealers who need replacement or test vehicles. All of these partners can also offer carsharing together in different constellations. How they get the vehicles and how they are cared for and maintained is ultimately up to them. However, most of them use the offers and services of Porsche Bank to get a fully comprehensive offer from a single source.

Simple handling and effective management

To become a user, all you need to do is register via the sharetoo website or app. Sharing offers are available and can be used, and customers only pay for what they actually use. Topics such as service or insurance are included. Customers can book the sharetoo vehicles easily and flexibly via smartphone. The shared mobility platform MOQO digitally maps all the processes required, meaning the proccess of car sharing is uncomplicated. MOQO is already expanding internationally. In Germany and Europe, the number of partners and users is growing continuously. For example, car sharing providers in Luxembourg, Norway and Australia are currently using MOQO.

For more information on MOQO see here and sharetoo here.



Publication date
7 May 2021
Shared mobility