![]() ![]() Founded 9 years after (2009) the inception of Zipcar, by Sam Zaid, Jessica Scorpio, and Elliot Kroo, Getaround acquired a number of local car-share companies, including City CarShare, to gradually expand its business throughout the US. The biggest competitor of Zipcar is Getaround. Getaround, Hertz Global, Share Now, Turo, National Car Rental, Enterprise CarShare, Alamo Rent-a-Car. Zipcar Competitor Crossword Zipcar similar companies :.Eventually, a considerable number of customers canceled their subscriptions and switched to other car rental firms, which brings us to the company’s competitors. Hence, often people were left stranded on their pickup spots, and at other times, there were no employees to assist the customers. Due to the incessant lockdowns, there weren’t very many Zipcars on the roads, but the demand had surprisingly risen. ![]() Zipcar suffered huge losses during the early months of the COVID-19 pandemic. You can also book a yearly subscription which is much more affordable if you will be commuting quite often during the year. Zipcar charges you by the minute, hour, or on a daily basis. You will have several options of cars to choose from, right from the regular hatchback automobiles to luxury vehicles like BMW. ![]() You can book one right away or up to a year in advance. You can book a Zipcar vehicle in one of 3 ways – smartphone app, online website, and telephone. The company reportedly had more than a million individual subscriptions in 2016, along with close to 10,000 vehicles running on the streets! Name Zipcar Founded 2000 Headquarters Boston, MA, US SIC Code 7510 Status A subsidiary of Avis Budget Group Industry Sector Car Rental Employees 500 Trading Symbol NASDAQ (ZIP) Today, Zipcar is owned by the Avis Budget Group, and it has branches in almost all the urban areas of the US, Canada, UK, Iceland, Costa Rica, Taiwan, and Turkey. The internal troubles later stabilized, after which the company’s business rapidly started growing. However, the company is definitely the most reputable and popular one in the market.Įstablished by two American citizens, Antje Danielson and Robin Chase, in Boston, MA, Zipcar faced a few top-level management issues in the early stages, which eventually led to the firing of Danielson from the board. Renting vehicles by the hour was introduced way back in 1948, and Zipcar was founded in 2000. It isn’t the first car-sharing business in the market far from it. ![]() Zipcar common stock traded on NASDAQ under the ticker symbol "ZIP" until it was acquired by Avis in 2013.Zipcar is a US-based car-sharing business with a healthy presence in many other parts of the world. In the third quarter of 2007, Zipcar merged with Seattle-based rival Flexcar to create a nationwide car rental company. Members can also use Zipcar's app to search, book and locate a Zipcar by honking its horn, extend, end and cancel a reservation. Zipcar members have 24/7 on-demand access to the cars by enabling bluetooth on their Zipcar mobile app or, if needed, an access card which unlocks the door the keys are already located inside. Members can instantly join and reserve vehicles via Zipcar's Android or iPhone mobile app or online, and once approved, immediately or up to a year in advance book Zipcars. In September 2016, Zipcar announced that it had 1 million members across 500 cities in 9 countries, and offers nearly 10,000 vehicles. Angelo Adams was announced as the head of Zipcar in 2022. In the summer of 2016, Kaye Ceille became a managing director of Avis Budget Group International and in 2017, Tracey Zhen was appointed as President. In early 2014, Kaye Ceille took over as Zipcar's North American President. Scott Griffith, who had run the company for the previous 10 years, resigned the day after the acquisition closed and passed the reins to a new company president, Mark Norman. On March 14, 2013, Avis Budget Group acquired Zipcar for approximately US$500 million. ![]()
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