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Zipcar is an American car-sharing company and a subsidiary of Avis Budget Group. Zipcar provides vehicle reservations to its members, billable by the minute, hour or day; members may have to pay a monthly or annual membership fee in addition to car reservations charges. Gas, maintenance, insurance options, and a dedicated parking spot are ...
Zipcar accounted for 80 percent of the U.S. car sharing market in 2010 [11] [13] and half of all car-sharers worldwide [14] with 730,000 members sharing 11,000 vehicles. In 2008, City CarShare introduced the first wheelchair carrying car share vehicle, the Access Mobile , specifically designed as a fleet vehicle shared with non-wheelchair users.
Peer-to-peer carsharing is a form of person-to-person lending or collaborative consumption, as part of the sharing economy. [1] The business model is closely aligned with traditional car clubs such as Streetcar or Zipcar (est. in 2000), [2] but replaces a typical fleet with a ‘virtual’ fleet made up of vehicles from participating owners. [3]
Avis Budget Group announced today it has entered into an agreement to buy car-sharing network Zipcar for $12.25 per share, a 49% premium over Zipcar's closing stock price Dec. 31. The all-cash ...
Such companies' entry into the car-sharing business could potentially take a chunk out of Zipcar's top line. While rising fuel costs will push people toward Zipcar, on the flip side, this will ...
But though Zipcar controls 75 percent of the $400 million and growing car-sharing market in the U.S., there may be a smarter way for you to get a temporary set of wheels on the cheap: peer-to-peer ...
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