Automakers Adapting to ‘Car-Sharing’ Era
Automakers are learning to adapt as less people are relying on owning a vehicle to survive.
Zipcar
ZipCar to Launch One Way Service With Honda Fit
Later this year, ZipCar will address one of the steepest challenges it and other brands like it face.
Number of Households Without a Car Increasing
For the first time in 50 years, the number of families without a vehicle at their households in North America has increased.
Car Sharing Users to Reach 12M by 2020: Report
Car sharing users are expected to grow to more than 12 million worldwide by 2020 according to a recent report.
Hertz Copies Car Sharing to Compete
Hertz announced today that it will soon introduce its own spin on car sharing services like Zipcar and Car2Go.
Almost 10 Percent of American Households are Carless
The number of households in America without a vehicle has doubled over the past two decades, with 9.3 percent of American households going carless last year.
Zipcar Bought for $500M by Avis Budget Group
Zipcar, the leading car sharing service in North America, is set to be bought by car rental firm Avis Budgest group for about $500 million, which breaks down to $12.25 per share.
Scion Considering iQ for Car Sharing
Following a national roll-out of the iQ, Scion is now considering the micro sub-compact for use in car sharing programs.
Honda to Provide Zipcar With Latest Fuel Saving Cars
Zipcar, the nations largest car sharing service, is teaming up with Honda to provide customers with the latest in fuel saving cars and EVs. All Zipcar customers, known as Zipsters, will have access to Honda’s Insight hybrid, the new CR-V and the all electric Fit EV come this fall. The Accord plug-in hybrid will be...
Chevrolet Volt Added to Chicago Zipcar Fleet
Zipcar, the world’s leading car sharing network, has decided to add five Chevrolet Volts to its Chicago fleet with up to 20 more EVs coming in 2012. Zipcar members are able to reserve a Chevy Volt immediately starting at just $10 per hour. The first five Volts are available at Cityfront Place Apartments and in...
Zipcar Helps College Students Rent Their Cars for Cash
There were probably a few times in college when you and your friends really wished someone had a car you could use for a little while. Maybe you needed to get groceries, or beer, or just a healthy distance from dorm rooms and campus nonsense. Whatever the need, California-based company Wheelz Inc. is trying to address...
Zipcar Launches Zipvan to Take On U-Haul
Zipcar’s growing success in the rental car business has encouraged the company to expand to cargo van rental services. Aiming its sights at van rental companies, U-Haul and Budget, Zipvan will have a pilot release in the San Francisco and Oakland area, beginning with a fleet of only six Ford E-150 vans in three San...
Zipcar Shares Accelerate After Public Stock Offering
The results of the first day’s trading were strong encouragement, especially since in 2010, ZipCar posted a net loss of some $14.1 million (up from $4.67 million a year earlier).
Zipcar To Go Public, Seeking $89 Million From IPO
On of the world’s top car sharing companies, Zipcar, is planning to make an initial public offering. It recently amended its Securities and Exchange Commission filing, and is now seeking about $89.2 million from sale of 8.3 million shares at around $14-16 each. The company has been in business since 1999 with regional service for...
Car Sharing Growing In Popularity For Corporate Users
Are company cars destined to be a relic of the past? Probably not, but companies are begging to adopt a new kind of corporate vehicle, one that can be paid for by the hour and operated by Hertz or Zipcar, two of the biggest names in auto-sharing programs. An article in the New York Times focuses on...
New BMW On Demand Car-Sharing Service
Feel like driving a BMW today? If you live in Munich, you’ll be able to rent one whenever the mood strikes you with BMW on Demand. Just like the Zipcar service, BMW is taking it up a notch by offering premium vehicles that can be rented by the hour. The BMW on Demand service allows...
Gen Y Disinterested In Buying Cars And Driving
We’ve been seeing a glut of stories lately about Generation Y and their increasing distance from the automobile. A new study shows that while Generation X made up 21% of the miles driven in 1995, Generation Y made up only 14% of them in 2010. The usual reasons have been trotted out, like the economic...
Hertz To Add Nissan Leaf To Fleet In Early 2011
Starting in 2011, Hertz will add the Nissan Leaf electric vehicle to its fleet, after the car is released to the general public in late 2010. “We expect to have the car available in select American cities next year,” Hertz Spokeswoman Paula Rivera told the New York Times. “We’re in the process of finalizing the...
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