Porsche Finance Group launches car sharing service sharetoo in Romania

Porsche Finance Group launched sharetoo, the first corporate car sharing solution in Romania, under the group’s international brand. Initially tested under the RideON brand, the service is designed for companies with flexible mobility needs and in the future will become available to private clients.

The service has been tested since 2016 under the local RideON brand, making Romania one of the first markets to implement this solution. In the pilot stage it was used by the Porsche employees in Romania and a few strategic, long-term partners. Furthermore, the local initiative inspired other markets to test the idea and contributed to the international joint approach of the Porsche Bank Group, under the new sharetoo brand.

“We have started the car sharing project, initially called RideON, with a dedicated and motivated team of Porsche Finance Group employees, with whom we have developed a successful pilot project. We have started everything from scratch, from an idea that we all believed in, which motivated us to continue, with passion and confidence. And here we are today, our efforts acknowledged, and I am happy to say that the pilot project started in Romania is a major part of the Group’s new strategic business direction: sharetoo – Mobility by Porsche Bank”, added Andrei Constantinescu, CFO Porsche Finance Group Romania.

All sharetoo cars are equipped with state-of-the-art car sharing technology provided by the world leading supplier in this field. This technology enables fleet management and monitoring, by means of a dedicated interface, as well as a simple and comfortable user experience for the final customer. They can open and close the cars directly from their smartphone, using an app available on Android and IOS systems. Moreover, the promise of using a car that is new, well maintained, brings further security for companies and employees.

The new service is available starting October 10 and offers two types of corporate car sharing products, to begin with. The first product is aimed at companies with increased mobility needs, which want to use a fleet that is customized to their individual needs while providing an additional benefit to the employees at the same time. The second product is aimed at the national network of Porsche Romania’s authorized dealers, with whom Porsche Finance Group wishes to reach national coverage for sharetoo. Sharetoo fleet can be fully tailored to each customer’s individual needs and is based on the Volkswagen Group brands.

“Corporate car sharing allows companies to optimize their fleet management and significantly reduce fleet-related costs on the long term. It’s an attractive and efficient mobility solution, with benefits both for employees and employers. The former can use fleet cars not only for business trips, but also for personal purposes, for extra comfort and time saved,” said David Gedlicka, CEO Porsche Finance Group Romania.

The service is officially launched in Romania and Austria and will be available on all group markets in the next years. In the future, the program will also include a solution for private clients.