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BNP Paribas Fortis and AG take over Touring: “Breakdown assistance per se is no longer profitable”

“Breakdown assistance by itself is less and less profitable and also more difficult to offer,” says Tony Verhelle of Autogids. “There are also a lot more electronics in cars than before and this makes it more difficult to repair them on the road. There is also usually a direct button from the car to the manufacturer to report problems. Before, everything was much simpler, technically. Breakdown assistance it has increasingly become a garage tow service.”

Breakdown companies have long been looking for new revenue. “They now call themselves mobility clubs, they also offer roadside assistance for cyclists and all types of insurance. Touring also offers tours and travel insurance.” The takeover by a bank and an insurer therefore fits perfectly into this picture.

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