Audi is trying to launch an entirely new kind of car sharing service. Continue Reading...
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Automakers are learning to adapt as less people are relying on owning a vehicle to survive. Continue Reading...
Later this year, ZipCar will address one of the steepest challenges it and other brands like it face. Continue Reading...
Car sharing users are expected to grow to more than 12 million worldwide by 2020 according to a recent report. Continue Reading...
Hertz announced today that it will soon introduce its own spin on car sharing services like Zipcar and Car2Go. Continue Reading...
Denver will become the 10th North American city with car2go service on June 8 when the Daimler subsidiary begins offering its car sharing service there. Continue Reading...
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. Continue Reading...
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. Continue Reading...
Set to kick off next month, BMW will launch its DriveNow program – a new kind of car sharing service that will allow for one-way trips. Continue Reading...
GM is introducing a new way for people who own its cars to make money: integrating a car sharing service with OnStar. Continue Reading...
Car sharing programs allow you to rent out your car to strangers for a fee, but if said stranger is involved in an accident, you could catch some of the blame. Continue Reading...
Toyota has been forthcoming with plans to test an iQ EV in Europe, but little has been revealed when it comes to the electric iQ’s North American release. Badged as a Scion, don’t get your hopes up about owning one. Continue Reading...
Following a national roll-out of the iQ, Scion is now considering the micro sub-compact for use in car sharing programs. Continue Reading...
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...
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). Continue Reading...
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 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...
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...
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...