Zipcar is acquiring rival car-sharing service Flexcar in a bid to head off emerging competition from traditional rental car firms that have been adding outlets in urban neighborhoods. Wednesday's deal, expected to close later this week, pairs the country's only by-the-hour car services with nationwide presences. The privately held firms did not disclose financial terms of the deal, under which the Flexcar name and its systems for handling car reservations will end in favor of the Zipcar brand and technology, Zipcar Chief Executive Scott Griffith said. Zipcar, based in Cambridge, Mass.
Mayor de Blasio Announces Expanded Access To Carshare | City of New York
By: Brett Helling Updated: January 17, With each passing year, more and more Americans are choosing to live a car-free lifestyle. It could be due to high cost of car ownership in some cities where parking alone can cost hundreds of dollars a month or simply due to an increased desire for mobility and freedom. Whatever the reasons, living without a car is now easier than ever, thanks to a range of new rideshare and car sharing services. The service has also partnered with a variety of colleges and universities across the U. Here are some of the major cities in the U.
Zipcar confronts surge in interest after lockdowns eased
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