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Zipcar provides vehicle reservations to its members, billable by the minute, hour or day; members may have to pay a monthly or annual membership fee in addition to car reservations charges. Gas, maintenance, insurance options, and a dedicated parking spot are included. [5] Zipcar was founded in 2000 by Antje Danielson and Robin Chase. [citation ...
Avis Budget Group, Inc. is an American car rental agency holding company headquartered in Parsippany, New Jersey.It is the parent company of several brands including Avis Car Rental, [3] Budget Rent a Car, [4] Budget Truck Rental, Payless Car Rental, and Zipcar.
Along with Budget Rent a Car, Budget Truck Rental and Zipcar, Avis is a unit of Avis Budget Group. [4] Avis Budget Group operates the Avis brand in North America, South America, Europe, India, Australia, New Zealand, and South Africa. In 2011, Avis acquired Avis Europe plc, [5] which had been a separate corporation licensing the Avis brand.
Scott Griffith was the chairman and chief executive officer of Zipcar, Inc. from February 2003 until his resignation on March 15, 2013, following the acquisition of Zipcar by Avis Budget Group. [1] As of October 2020, Griffith is the CEO of Ford Autonomous Vehicles & Mobility Businesses at Ford Motor Company. [2]
The merger consolidated the operations of the two corporations. Executives from both companies, in the announcement of the merger, stated that the Flexcar headquarters in Seattle would be closed, possibly resulting in the loss of jobs as operations transferred to Zipcar's headquarters in Boston. [2]
Zipcar's (NAS: ZIP) better-than-expected profits in the last quarter and poor guidance for the current quarter tend to give out mixed signals about the company. This makes it important to take a ...
Streetcar was the largest carsharing/car club company in the United Kingdom, established in 2004, which merged with the American company Zipcar in 2010, following a period of investment by Smedvig Capital.
In February 2003, after difficulties in securing additional rounds of funding, Chase was replaced as CEO by the Zipcar board with Scott Griffith. [ 6 ] In addition to Veniam, Chase has served as a board member for the World Resources Institute , [ 7 ] and has been since 2014 chairperson of the board for the Nasdaq and TSE listed Tucows Inc. [ 8 ]