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The company reported a fourth quarter U.S. net income of $3.9 million, compared to a loss of $1.1 million in the prior year period, and a full year 2011 U.S. net loss of $7.2 million versus a loss of $14.1 million in 2010.
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Zipcar said to Fox News that high fees ‘penalize’ car-sharing providers.
Read More →The new "FleetHub" Program is expected to reduce costs and streamline fleet operations for the city. The program will initially be launched as a six-month pilot, in which the city plans to extend to more vehicles following successful implementation.
Read More →With this transaction completed, Zipcar is now the majority shareholder for the company with a controlling stake of more than 60%.
Read More →And in an announcement Jan. 24, the company also appointed a director of finance for its European operations, David Pillinger.
Read More →Avancar is Spain's largest car-sharing operator.
Read More →A Zipcar annual study on “millennials,” or 18-34-year-olds, reveals that this age group values saving money and protecting the environment when considering car ownership.
Read More →In an interview with Gigaom.com, Scott Griffith, Zipcar’s CEO, said the car-sharing company’s largest challenge currently is its global business model.
Read More →The service model is based on a similar offering from the car-sharing company's UK operations.
Read More →Zipcar launches Los Angeles as its 16th major market and opens a new office in Hollywood.
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