Leipzig, Germany. 30th Apr, 2026. Patrick Schöne (l) and Michael Creutzer, board members of car sharing provider Teilauto, stand by one of their vehicles. 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, board members of car sharing provider Teilauto, stand by one of their vehicles. 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