Articles tagged “zipcar”

Zipcar Continues Expansion as Avis Budget Group Fights Reduced U.S. Car Rental Demand

Avis Budget Group's rental business in the U.S. was unexpectedly weak in early 2016. The good news is that a European car rental resurgence seems to be in the offing for the company.

6 months ago

Avis Budget Is Betting Zipcar and Ride-Hailing Apps Will Put a Dent in Car Ownership

The Avis Budget CFO said its core business and Zipcar haven't felt a major impact from ride-hailing apps such as Uber and Lyft. When the punch eventually comes it could be Zipcar that takes the body blow.

1 year ago

Zipcar Imitators in India Rent Cars at Less Than $1 Per Hour

Sequoia Capital and other foreign investors are looking to the ride-sharing market in India as a huge market and a promising opportunity.

2 years ago

Avis Budget CFO Weirdly Cites 3 Acquisitions in Process

You gotta love it when big companies speak of "tuck-in" acquisitions. One acquisition that Avis Budget is close to nailing would be for more than $50 million, and that's larger than its acquisition of Payless last year. Small, inconsequential stuff in the world of Avis Budget, and M&A.

2 years ago

Avis Budget’s Zipcar Going Mainstream With Business Travelers

In certain settings and circumstances, and that includes airports and business travel usage, Zipcar is turning out to be an attractive option. Hey, even AARP members are getting on board.

2 years ago

Zipcar and SiriusXM Radio Help Avis Budget Post Stronger First Quarter

Zipcar accounted for only about 3.6% of Avis Budget Group's revenue in the first quarter of 2014, but Zipcar is growing and the proverbial synergies appear to be kicking in.

2 years ago

Zipcar Starts its New One-Way Service in Boston

Boston gets to try the new Zipcar one-way service. It will be interesting to see what the fees will be given the fact that there will be no charge for gas or parking.

2 years ago

Germany’s Answer to ZipCar Just Raised $10 Million

You need both high density and some free parking spaces to make this work, which is why it can work in some European cities but would be a tough sell in New York.

3 years ago

AvisBudget and Zipcar Fleet Synergies Are Hampered by a Cost Problem

Let's see: AvisBudget now realizes 15 months after touting all of the envisioned fleet-sharing synergies with Zipcar that there are costs involved in shuttling the vehicles back and forth between locations? Very curious. One solution is allowing Zipcar to introduce one-way rides, which is a very attractive option for customers regardless.

3 years ago

Zipcar To Introduce One-Way Rentals as Avis Builds on Early Success

Sometimes acquired companies transition to the parent company and lose their whole mojo. That doesn't appear to be happening with Avis Budget and Zipcar, which is getting newer vehicles at lower cost, and is positioned to move into new geographies at a quicker pace.

3 years ago

Avis Budget Wants an Even Younger Fleet at Zipcar

The next step in Zipcar-Avis Budget buddying-up is technology sharing, with Avis Budget cars expected to get a Zipcar refresh. At least that's the plan.

3 years ago

The 12 Milestone Travel News Stories in Skift’s First Year

Tourism expanded globally, airlines and rental car companies faced consolidation, guidebook brands were sold off, and travel tech got better: We don't expect these major stories to disappear in the next year and plan on covering where they lead us just as carefully.

3 years ago