Zipcar Helps College Students Rent Their Cars for Cash

Zipcar Helps College Students Rent Their Cars for Cash
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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… Continue Reading...

Zipcar To Go Public, Seeking $89 Million From IPO

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Zipcar To Go Public, Seeking $89 Million From IPO
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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… Continue Reading...

BMW MegaCity May Be Offered On Lease Only Basis

BMW MegaCity May Be Offered On Lease Only Basis
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BMW is looking for an alternative to traditional purchasing options for their upcoming MegaCity urban vehicle, as the high cost of developing substantially new technology may result in the vehicle becoming prohibitively expensive for consumers. Among the projects being considered are a car-sharing service similar to the one operated by Daimler for their Smart car… Continue Reading...

Car Sharing Growing In Popularity For Corporate Users

Car Sharing Growing In Popularity For Corporate Users
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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… Continue Reading...

Gen Y Disinterested In Buying Cars And Driving

Gen Y Disinterested In Buying Cars And Driving
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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… Continue Reading...