Europcar Franchise News

Browse the latest corporate news from Europcar.

Europcar Is Pleased To Announce That Important Milestones Have Been Achieved In Optimizing Its Capital Structure And Maturity Profile »

April 26, 2012 at 10:39AM PDT | Source: Europcar

April 26, 2012 // Franchising.com // Europcar is pleased to announce that important milestones have been achieved in optimizing its capital structure and maturity profile, with amendments to certain of its key financing arrangements.
These milestones include the following:

Successful rating of the Senior Asset Revolving Facility to a "A" level by Standard & Poor's
Amendment of the Senior Revolving Credit Facility with an extended maturity
Commitments to extend the maturity of the long-term fleet financing in the UK
Amendment to the company's principal swap agreement to better match its capital structure and optimize fleet financing costs.

As a result, Europcar will have arranged to extend all of its maturities to 2015 and beyond, except for the "A" rated Senior Asset Revolving Facility maturing in 2014 and the bonds maturing in May 2013...

Caroline Parot Is Appointed Chief Financial Officer Of Europcar Groupe »

March 13, 2012 at 10:29AM PDT | Source: Europcar

March 13, 2012 // Franchising.com // Caroline Parot has been appointed Chief Financial Officer of Europcar Groupe, the leader in car rental services in Europe. She replaces Claire Giraut, and joins the group’s Executive Committee alongside Roland Keppler, Chief Executive Officer, and Rafael Girona, Chief Operating Officer.
Caroline Parot was previously in charge of Group Controlling for the Group.
Prior to joining Europcar, Caroline held senior finance positions within the Technicolor Group (formerly Thomson) as Group Controller and Technology Segment CFO. Caroline started her career as Senior Manager Audit at Ernst & Young.
Caroline holds a Master in Finance from ESCP Business School, and a post-graduate degree in Economics & Mathematics from Paris I Pantheon Sorbonne...

New Europcar Governance: Jean-Charles Pauze, Chairman Of The Board Of Directors And Roland Keppler, Chief Executive Officer »

February 22, 2012 at 8:39AM PST | Source: Europcar

A new step in accelerating the transformation of Europcar.
2012-02-13 - The Europcar Board of Directors met today and announced the appointment of Roland Keppler as Chief Executive Officer, effective February 14, 2012. He succeeds Philippe Guillemot in the post.
Since 2009, Roland Keppler, 47, and the former Chief Executive Officer of TUIfly, has directed Europcar's German subsidiary, which represents approximately 30% of Europcar's revenues. Over the past three years, he has contributed to the success of the subsidiary, which is today the company's most profitable. Roland Keppler played a major role in the launch of several projects including car2go urban mobility, which represents one of the sources of future growth for Europcar...

Europcar Automotive Rental Franchise Reports Football Fans Staying At Home To Avoid A Kick In The Wallets »

September 16, 2010 at 12:28PM PDT | Source: Europcar

LONDON, Sept. 16 /PRNewswire/ -- Europcar has revealed new research* that shows over one in four football fans now believe that following their team and attending matches is now a luxury they can't afford.
Already Wigan F.C. has made the headlines by taking a reported 60 away fans to their Premier League fixture at Spurs. Yet when it comes to away support, the 'big four' are bottom of the league according to the new research by Europcar.
While the league's top teams have legions of armchair fans, the research reveals how few are prepared to hit the road for an away game. On average, Chelsea, Spurs and Manchester United supporters will not even make one Premier League away fixture this season -- with Arsenal propping up the away day league...

Enterprise Rent-A-Car And Europcar Expand Strategic Alliance To Create The World's Largest Car Rental Network  »

September 04, 2008 at 7:20AM PDT | Source: Europcar

Partnership Expands Transatlantic Alliance Established in 2006 Between Europcar and National Car Rental and Alamo Rent A Car ST. LOUIS--(BUSINESS WIRE)--Enterprise Rent-A-Car, North America's largest car rental company, and Europcar, the number one car rental company in Europe, today announced they have enhanced their strategic alliance to include the Enterprise brand in North America, as well as the National Car Rental and Alamo Rent A Car brands that previously constituted the transatlantic partnership.

Enterprise and Europcar have been working to formally expand the alliance ever since Enterprise's purchase of the National and Alamo brands in North America in August 2007. With the addition to the new partnership of the Enterprise brand in North America, the alliance now offers a combined fleet of more than 1...

Showhomes Receives 4-Star Owner Rating In Franchise Business Review Survey »

August 13, 2008 at 6:45AM PDT | Source: Europcar

NASHVILLE--(BUSINESS WIRE)--Franchise Business Review, a franchise market research firm, announced today that Showhomes Franchise Corporation joins the list of companies receiving their 4-star owner rating. Showhomes participated in The Franchise 50 – 2008 Franchisee Satisfaction Awards™, which ranked over 300 participating franchise companies by their overall levels of franchise owner satisfaction.

"We are really excited about our survey results," says Thomas Scott, Showhomes' Vice President of Operations. "Showhomes is one of the most attractive franchise opportunities in the country right now. Our owners generate income far higher than industry average and they really enjoy what they do. We have worked hard as a team with our franchise owners for the past four years and it shows; the survey results speak for themselves...

Europcar International Purchases Its Asia Pacific Master Franchise »

June 02, 2008 at 10:05AM PDT | Source: Europcar

June 02, 2008 // Franchising.com // Europcar Asia Pacific, one of the country's leading car rental companies, has been purchased by its parent company Europcar International for an undisclosed amount.

Europcar International, the European leader in passenger car and light utility vehicle rental, bought the Australian and New Zealand subsidiaries of Europcar, which operates its master franchise within the Asia-Pacific region.

The acquisition gives Europcar International for the first time direct operations in markets outside of Europe.

Owned by a management led consortium backed by lead equity investor Navis Capital Partners, Europcar Australia operates a fleet of more than 8,500 vehicles through a network of more than 110 locations throughout Australia and New Zealand...

Europcar Wins "World's Leading Leisure Car Rental Company" Award »

December 13, 2007 at 3:39PM PST | Source: Europcar

December 13, 2007 // Franchising.com // Europcar received yesterday the "World's Leading Leisure Car Rental Company" Award, at the 2007 World Travel Award Ceremony, in Caribbean Islands. With more than 167.000 travel professionals from 160 countries participating to the vote, this election demonstrates the acknowledgement of Europcar as a global car rental player.

The World Travel Awards (http://www.worldtravelawards.com) were established in 1993 to recognize, reward and celebrate the enormous achievements in all sectors of the travel industry at an international level. The World Travel Awards are considered as the best endorsement by travel professionals and their clients all over the world.

Regional leading companies, in each of the 8 world areas, are also rewarded, following the same categories and criteria, including the quality of their services...

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Europcar »

Europcar, a leading car rental company, is one of the world's most popular providers of car rental services, operating a large fleet of quality vehicles across a network of over 2,600 locations including airport car rental locations.

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