Leipzig, Germany. 30th Apr, 2026. Patrick Schöne (l) and Michael Creutzer, the board members of car sharing provider Teilauto, stand by a sign. The car-sharing provider claims to be the first company in Germany to switch from a GmbH to a cooperative. The company was founded in 1992 in Halle as an association. It was converted into a GmbH in 2004. The change of legal form is also intended to protect Teilauto's economic development from capital interests. Credit: Jan Woitas/dpa/Alamy Live News

GLIX-115-3ECDJ28

Leipzig, Germany. 30th Apr, 2026. Patrick Schöne (l) and Michael Creutzer, the board members of car sharing provider Teilauto, stand by a sign. The car-sharing provider claims to be the first company in Germany to switch from a GmbH to a cooperative. The company was founded in 1992 in Halle as an association. It was converted into a GmbH in 2004. The change of legal form is also intended to protect Teilauto's economic development from capital interests. Credit: Jan Woitas/dpa/Alamy Live News
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Leipzig, Germany. 30th Apr, 2026. Patrick Schöne (l) and Michael Creutzer, the board members of car sharing provider Teilauto, stand by a sign. The car-sharing provider claims to be the first company in Germany to switch from a GmbH to a cooperative. The company was founded in 1992 in Halle as an association. It was converted into a GmbH in 2004. The change of legal form is also intended to protect Teilauto's economic development from capital interests. Credit: Jan Woitas/dpa/Alamy Live News

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