Enterprise Canada Acquires AutoShare
Enterprise Holdings reports that its regional subsidiary, Enterprise Rent-A-Car Canada Company, is purchasing AutoShare CarSharing Network Inc.
In 1998, AutoShare was established as Toronto’s first car-sharing organization and today serves more than 12,000 local members.
Enterprise Holdings, through its regional subsidiaries, operates the flagship Enterprise Rent-A-Car brand as well as the National Car Rental and Alamo Rent A Car brands. The company also offers Enterprise CarShare — with a suite of products and policies specifically geared to the car-sharing customer experience — and Enterprise Rideshare, a leading carpooling and vanpooling program for commuters. It also operates Zimride by Enterprise, an online ride-matching program that connects hundreds of thousands of drivers and passengers, while partnering with colleges and universities to facilitate transportation-management solutions.
“This acquisition reflects our longtime commitment to offering sustainable transportation options throughout North America,” said Ryan Johnson, assistant vice-president overseeing Enterprise’s CarShare, Rideshare and Zimride operations. “We are very excited and proud to become part of Toronto’s car-sharing community, which AutoShare launched and has supported for more than 15 years.”
Terms of the transaction were not disclosed.
AutoShare will continue to operate under its current brand indefinitely, and will be owned by Enterprise Rent-A-Car Canada Company and managed by its local Toronto division.
