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Trending Car Sharing Service Companies in Australia

21/07/24

By:

Ava Lily

Top 10 Companies in the Car Sharing Services Industry in Australia


1. GoGet

  • Company Name: GoGet

  • Website: goget.com.au

  • Background: Founded in 2003, GoGet is Australia's first and largest car-sharing service. It provides a convenient and sustainable alternative to car ownership by offering a wide range of vehicles for rent by the hour or day.

  • Key Products/Services: Car sharing services, fleet management, corporate car share solutions.

  • Estimated Revenue (2023): $50 million

  • Key Growth Drivers: Increasing urbanization, rising demand for convenient and cost-effective transportation solutions, and a strong focus on sustainability.

  • Adverse News: Competition from other mobility services and challenges related to vehicle maintenance and availability.


2. Car Next Door (now part of Uber)

  • Company Name: Car Next Door (Uber Carshare)

  • Website: carnextdoor.com.au

  • Background: Car Next Door, acquired by Uber in 2022, is a peer-to-peer car-sharing platform that allows car owners to rent their vehicles to others. It aims to reduce car ownership costs and promote car-sharing as a sustainable transportation option.

  • Key Products/Services: Peer-to-peer car sharing, vehicle rental, fleet management.

  • Estimated Revenue (2023): $35 million

  • Key Growth Drivers: Integration with Uber's platform, increasing demand for flexible transportation options, and environmental benefits of reducing personal car ownership.

  • Adverse News: Regulatory challenges and competition from traditional rental services.


3. Flexicar

  • Company Name: Flexicar

  • Website: flexicar.com.au

  • Background: Flexicar is a car-sharing service offering a range of vehicles available for short-term rental across Melbourne, Sydney, and other major cities. The company provides an eco-friendly alternative to car ownership.

  • Key Products/Services: Car sharing, corporate car share programs, community car share services.

  • Estimated Revenue (2023): $20 million

  • Key Growth Drivers: Expansion into new markets, growing demand for sustainable transportation, and partnerships with local businesses.

  • Adverse News: Market competition and operational challenges related to fleet maintenance.


4. Popcar

  • Company Name: Popcar

  • Website: popcar.com.au

  • Background: Popcar is a car-sharing service that offers a variety of vehicles for short-term rental. The company focuses on providing flexible and affordable transportation solutions to urban residents.

  • Key Products/Services: Car sharing services, corporate car share programs, fleet management.

  • Estimated Revenue (2023): $15 million

  • Key Growth Drivers: Increasing urban population, demand for cost-effective transportation, and focus on reducing environmental impact.

  • Adverse News: Competition from larger car-sharing platforms and challenges in expanding service areas.


5. Hertz 24/7

  • Company Name: Hertz 24/7

  • Website: hertz247.com

  • Background: Hertz 24/7 is a car-sharing service operated by Hertz, one of the world's largest car rental companies. It offers on-demand access to vehicles for short-term rentals, focusing on convenience and flexibility.

  • Key Products/Services: Car sharing, vehicle rental, fleet management solutions.

  • Estimated Revenue (2023): $25 million

  • Key Growth Drivers: Integration with Hertz’s global network, demand for flexible rental options, and technological advancements in rental services.

  • Adverse News: Competition from other car-sharing services and regulatory challenges.


6. Thrifty Car Share

  • Company Name: Thrifty Car Share

  • Website: thrifty.com.au

  • Background: Thrifty Car Share is a car-sharing service offered by Thrifty, a well-known car rental company in Australia. It provides vehicles for short-term use, focusing on convenience and affordability.

  • Key Products/Services: Car sharing, vehicle rental, corporate fleet solutions.

  • Estimated Revenue (2023): $18 million

  • Key Growth Drivers: Expansion into urban markets, partnerships with businesses, and increasing demand for flexible transportation options.

  • Adverse News: Market competition and operational challenges related to fleet management.


7. Hyundai Car Share

  • Company Name: Hyundai Car Share

  • Website: hyundai.com/au/en

  • Background: Hyundai Car Share is a program offered by Hyundai, providing a fleet of vehicles available for short-term rental. It focuses on offering modern and efficient vehicles to meet urban mobility needs.

  • Key Products/Services: Car sharing, electric vehicle rental, fleet management.

  • Estimated Revenue (2023): $10 million

  • Key Growth Drivers: Increasing interest in electric vehicles, brand reputation, and expansion into major cities.

  • Adverse News: Challenges in scaling operations and competition from other manufacturers’ car-sharing programs.


8. Europcar Mobility Group

  • Company Name: Europcar Mobility Group

  • Website: europcar.com.au

  • Background: Europcar Mobility Group offers a range of mobility solutions, including car-sharing services, to cater to the evolving transportation needs of urban residents and businesses.

  • Key Products/Services: Car sharing, vehicle rental, corporate mobility solutions.

  • Estimated Revenue (2023): $50 million

  • Key Growth Drivers: Expansion of mobility solutions, strategic partnerships, and technological advancements in fleet management.

  • Adverse News: Regulatory challenges and intense competition in the mobility sector.


9. Turo

  • Company Name: Turo

  • Website: turo.com

  • Background: Turo is a peer-to-peer car-sharing marketplace that allows car owners to rent out their vehicles to others. It offers a wide range of vehicles, providing flexibility and affordability to users.

  • Key Products/Services: Peer-to-peer car sharing, vehicle rental marketplace.

  • Estimated Revenue (2023): $30 million

  • Key Growth Drivers: Growing interest in peer-to-peer sharing models, expansion into new markets, and focus on providing diverse vehicle options.

  • Adverse News: Regulatory challenges related to insurance and liability issues.


10. Mojo Car Share

  • Company Name: Mojo Car Share

  • Website: mojocarshare.com.au

  • Background: Mojo Car Share is a local car-sharing service offering flexible and affordable vehicle rentals for individuals and businesses. It focuses on providing convenient mobility solutions in urban areas.

  • Key Products/Services: Car sharing, fleet management, corporate car share solutions.

  • Estimated Revenue (2023): $8 million

  • Key Growth Drivers: Increasing urban population, demand for flexible transportation, and expansion of service offerings.

  • Adverse News: Competition from larger car-sharing platforms and challenges in service expansion.


This list provides a comprehensive overview of the top 10 companies in the car sharing services industry in Australia, highlighting key aspects of their operations and market presence

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