#zipcar

Automakers are learning to adapt as less people are relying on owning a vehicle to survive.

Later this year, ZipCar will address one of the steepest challenges it and other brands like it face.

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 are expected to grow to more than 12 million worldwide by 2020 according to a recent report.

Hertz announced today that it will soon introduce its own spin on car sharing services like Zipcar and Car2Go.

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, 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. 

Following a national roll-out of the iQ, Scion is now considering the micro sub-compact for use in car sharing programs.

Zipcar, the nations largest car sharing service, is teaming up with Honda to provide customers with the latest in fuel saving cars and EVs.

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.

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 it by linking students who have cars, and don’t always need them, with campus members who need short-term wheels.

Wheelz Inc., uses the idea of peer-to-peer car sharing to offer students a specifically-targeted platform for getting a car when they need one. The company received a major boost when Zipcar, the industry leader in car sharing, invested $13.7 million in their project.

“One of the reasons we’re excited to partner with Zipcar is that they bring a decade of operational experience,” Wheelz CEO Jeff Miller said.

That operational experience, according to Miller, will play a key role in helping Wheelz grow as a business in the future. Currently, anyone associated with Stanford, UC Berkeley, USC and UCLA are able to participate in the program. Students, administrators, teachers and anyone with a “.edu” email address from a participating campus may participate.

Zipcar’s growing success in the rental car business has encouraged the company to expand to cargo van rental services.

During their first day of public trading on the Nasdaq Stock Exchange in New York, shares of Zipcar Inc., the car sharing organization, jumped by as much as 67 percent, opening at $30, considerably higher than the initial offering price.

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.

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.