Zipcar

Report: Every shared car means 32 lost sales

4:41 pm U.S. ET | Feb. 4, 2014
Each vehicle in the Zipcar or car2go car-sharing fleet means 32 lost vehicle sales, according to a report from consulting firm AlixPartners. The report, based on a survey of 2,000 adult car-sharing customers, also said Americans would have bought 500,000 new or used vehicles since 2006 if not for access to car-sharing services, a total that could grow to 1.2 million by 2020.... Read More »

 

2014 AUTOMOTIVE NEWS WORLD CONGRESS

Ford COO expects millennials to fuel era of auto growth

12:01 am U.S. ET | Jan. 20, 2014
Driven by the rise of the millennial generation and a global growth boom, the auto industry is in the midst of a new golden age, Mark Fields, Ford Motor Co. COO, said in a speech at the Automotive News World Congress.... Read More »

 

Payless Car Rental goal: Few new cars

12:01 am U.S. ET | Nov. 4, 2013
Rental-car companies’ efforts to use their vehicles more efficiently could, over the long term, chip away at automakers’ fleet sales.... Read More »

 

Zipcar boosts Detroit car-sharing fleet to 40 vehicles from 10

4:36 pm U.S. ET | Sept. 25, 2013
Car-sharing company Zipcar said it expanded its Detroit fleet to 40 vehicles from 10.... Read More »

 

Car sharing users to reach 12 million by 2020, report says

2:31 pm U.S. ET | Sept. 16, 2013
Car sharing services are expected to have more than 12 million members worldwide by 2020, up from 2.3 million this year, a report from Navigant Research said.... Read More »

 

BMW aims to expand car sharing in U.S.

12:01 am U.S. ET | Sept. 1, 2013
BMW wants to expand its DriveNow car-sharing program to U.S. cities that will allow its electric vehicles to be picked up and dropped off on public streets.... Read More »

 

Hertz expands 24/7 service that mimics car-sharing

2:52 pm U.S. ET | June 28, 2013
Auto-rental company Hertz Global Holdings is expanding its presence in the car-sharing sphere by making more of its fleet accessible to customers throughout the day for short- or long-term rentals.... Read More »

 

Enterprise acquires Chicago's nonprofit I-Go car-sharing service

5:10 pm U.S. ET | May 28, 2013
Enterprise Holdings, the parent of Enterprise Rent-A-Car, Alamo and National, has acquired Chicago-based nonprofit car-sharing service I-Go, the companies announced Tuesday.... Read More »

 

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How a Texas Toyota store solved used-car-supply challenge

How a Texas Toyota store solved used-car-supply challenge

Mike Shaw Toyota in Corpus Christi, Texas, struggled to find good used cars. So it started providing free appraisals to service customers and offered to buy their vehicles on the spot. Mon., April 14
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