Meso-analysis : Carsharing in Russia

Intensity of competitive rivalry: LOW

There is a mutual impact between car sharing activities and the car rental business. New business models are being introduced and, as traditional car rental companies continue to provide hourly rental services and car sharing options.

There are key international companies operating in the category of car rental (Table 1). However, despite the significant growth (car rental value sales grew by 14% in 2013) and the presence of international car rental brands, the category of car rental is considered to have not reached its full potential.

Table 1. Car Rental Brands by Key Performance Indicators, 2013

Utilisation (%) Fleet size (‘000cars) Avg.# of Transactions Per Car Avg. Rental Duration
Avis 91.8 0.2 83.7 4.0
Dollar Thrifty 53.2 0.6 46.3 4.2
Eleks-Polyus 34.3 0.3 29.8 4.2
Europcar 72.5 0.3 66.2 4.0
Hertz 69.2 1.5 56.1 4.5
Others 7.9
Sixt 78.7 0.6 59.8 4.8
Total 11.5

Source: Euromonitor International

In case of car sharing, there are only TWO officially registered companies, which operate on Russian market: Anytime  in Moscow and Streetcar in Saint-Petersburg. Continue reading