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Will there be a scarcity of rental vehicles this summer season in France? Eco visitor of franceinfo on Wednesday June 16, Caroline Parot, CEO of Europcar Mobility Group, expects tensions in sure areas: “There’s a danger in sure places (…) Throughout sure very focused intervals of the summer season, there will probably be no extra vehicles.”
The pandemic brought about a collapse in exercise amongst rental firms. “Now we have lowered our fleet of vehicles “, explains the supervisor. Earlier than the disaster, Europcar had 400,000 autos. Immediately, half as a lot. “It’s too late to purchase again vehicles that aren’t out there from producers “, provides the CEO of Europcar. This case also needs to trigger a rise in rental costs.
The group, very shaken by the disaster, is it out of the woods? Sure, based on Caroline Parot, who highlights the monetary restructuring of the group: “We have been capable of put the home again so as “. “Now we have much less debt, we now have lowered our prices considerably, lowered the fleet, to be prepared to go away “.
The group’s collectors have taken management, wiping out greater than a billion in debt. “They help the plan that we now have applied “, says Caroline Parot: “They see in our firm, with the plans applied, with the change within the makes use of of our clients, a possible for our clients (…) Now we have the means to take a position, on the similar time that we now have the means to set out once more for be capable of hand over autos, progressively, as and when requested. “
In response to Caroline Parot, Europcar has managed to protect most of its jobs in France: “Now we have rather less than 2000 folks in France. There are only a few job cuts. We didn’t minimize jobs however we didn’t essentially exchange all departures (…) The partial unemployment measures have enabled us to keep up our jobs for the longer term restart “.
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