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Zipcar To Go Public, Seeking $89 Million From IPO
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...
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Zipcar Shares Accelerate After Public Stock Offering
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...
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Zipcar Helps College Students Rent Their Cars for Cash
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...
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Scion Considering iQ for Car Sharing
Following a national roll-out of the iQ, Scion is now considering the micro sub-compact for use in car sharing programs. According to an article from Wards Auto, Scion vice president Jack Hollis calls...
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Scion iQ EV Will be Fleet-Only
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...
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How Car Sharing Can Get You Sued
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. One such car sharing company is...
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GM Promotes Car Sharing Through OnStar
GM is introducing a new way for people who own its cars to make money: integrating a car sharing service with OnStar. Service will be paired initially with a single company called RelayRides to offer...
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BMW DriveNow Ready for San Francisco Launch
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. Initially launched as a pilot program, San Francisco residents...
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Zipcar Bought for $500M by Avis Budget Group
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. “By combining with...
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Almost 10 Percent of American Households are Carless
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. The data comes from research by CNW...
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car2go Coming to Denver on June 8
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. Beginning next week, there will be 300 car2go...
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Hertz Copies Car Sharing to Compete
Hertz announced today that it will soon introduce its own spin on car sharing services like Zipcar and Car2Go. It’s called Hertz 24/7 and the system lets you skip sitting in a stuffy office while a...
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Car Sharing Users to Reach 12M by 2020: Report
Car sharing users are expected to grow to more than 12 million worldwide by 2020 according to a recent report. This year, there have been a reported 2.3 million users of car sharing services such as...
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ZipCar to Launch One Way Service With Honda Fit
Later this year, ZipCar will address one of the steepest challenges it and other brands like it face. If you’ve ever decided to borrow a ZipCar, you know that the vehicle loan is constrained by at...
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Automakers Adapting to Car-Sharing’ Era
Automakers are learning to adapt as less people are relying on owning a vehicle to survive. As car-sharing services such as Zipcar, Uber, Lyft and Halo gain global popularity, automakers are aware...
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Audi Unite is a New Kind of Car Sharing Service
Audi is trying to launch an entirely new kind of car sharing service. Called Audi Unite, the program allows up to four friends to share the use of a single Audi. Using an app, these four customers...
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Here’s Why Uber Could Actually Drive Up Car Sales
Many believe car sharing services will hurt overall sales in the automotive industry, but that might not be the case. With car sharing services like Uber on the rise and self-driving cars being...
View ArticleBMW to Fight Uber With New Car Sharing Service
[See image gallery at www.autoguide.com] The BMW Group has launched its car sharing service called ReachNow. Initially available in Seattle, Washington, ReachNow plans on expanding to 10 cities across...
View ArticleFrench Cars Are Coming Back to US Streets, But You Can’t Buy One
New vehicles from Group PSA, which consists of Peugeot, Citreon and DS, are returning to the U.S. streets but you won’t be able to buy one, at least at first. Fortune reports that PSA plans to start a...
View ArticleChevy Will Make First Bolt Deliveries to Lyft Drivers
[See image gallery at www.autoguide.com] Lyft confirmed earlier today it’s drivers would be the first to receive Chevrolet’s new battery electric Bolt this fall as the two companies cozy up closer....
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