Autolib ‘carsharing service widens its deficit. As a result, the Bolloré group claims that the 98 municipalities served 40 million euros per year until the end of the delegation of public services set in 2023, revealed The world Thursday, May 31st. The management of the industrial group sent a letter to the municipality of Paris and the mixed union Autolib ‘Velib’ Métropole (SAVM) in charge of monitoring the contract, Friday, May 25.
According to the newspaper, the latest business plan prepared by Bolloré shows a cumulative deficit of 293.6 million euros in 2023. According to the terms of the contract of delegation of services, Bolloré is not required to support the losses up to 60 million euros. The balance remains the responsibility of the communes. In total, they are expected to pay 240 million euros in five years.
The financial pit is explained by a lack of profitability of the service. Despite an increase in the number of subscribers, the number of […]
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