An important announcement will take place today on the future development of carsharing: Communauto, North American carsharing pioneer, PSA group (Peugeot – Citroën) and Montreal-based investment fund MacKinnon Bennett & Co (MKB) are joining forces to shape tomorrow’s mobility. This strategic alliance means putting together capital, industrial basis and expertise that will allow us to take flight and reach new heights.
Often considered the industry’s “silent giant “, Communauto will most likely no longer fit that description. Our ambitions are now global. My greatest source of pride is knowing that we will now have the means to match our ambitions, while staying true to our mission. In other words, we are keeping “our hands on the steering wheel”. All through our search for investors and strategic partners, it was always of the utmost importance to find organizations that would let us stay in control and that were supportive of our mission: Communauto is a company with a social, environmental and urbanistic mission and will stay that way.
We can congratulate ourselves for developing right here in Quebec a carsharing model that is close to unique and that inspires cities and many mobility players around the world. After Québec, Nova-Scotia, Ontario and France, we now want to export our expertise all over the globe.
This doesn’t mean that we will neglect Québec in any way. Our new resources will allow us to increase our offer, improve our tools, all the while pursuing our ambitious electrification strategy for a major part of our Montreal Auto-mobile fleet, this over the course of 5 years. The goal is to remain a leader in Quebec, not only in Montreal but also in Québec City, Sherbrooke and Gatineau.
All this would not have been possible without the trust of tens of thousands of members and of many partners, ever-increasing, who believe in us. I want to thank all of them.
It is with much enthusiasm that we are heading off on this new adventure withthe conviction that we share, with our new partners, the same vision of environmental issues and the role that smart mobility will play in the evolution of our cities.