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July 07, 2015 11:59 PM ET

Road and Rail

Company Overview of Zipcar, Inc.

Company Overview

Zipcar, Inc., together with its subsidiaries, operates a car sharing network. It provides self-service vehicles that are located in reserved parking spaces throughout the neighborhoods where they live and work to its members. The company offers its solutions to individuals, universities, businesses, and government agencies. It provides services with in various metropolitan areas college campuses in the United States, Canada, the United Kingdom, Spain, and Austria, as well as in Paris, France. Zipcar, Inc. was founded in 2000 and is headquartered in Cambridge, Massachusetts. As of March 14, 2013, Zipcar, Inc. operates as a subsidiary of Avis Budget Group, Inc.

25 First Street

4th Floor

Cambridge, MA 02141

United States

Founded in 2000





Key Executives for Zipcar, Inc.

Chief Financial Officer, Principal Accounting Officer, Vice President, Assistant Secretary and Treasurer
Age: 53
Vice President of Sales & Operations
President of Zipcar Europe
Executive Vice President of Corporate Development
Compensation as of Fiscal Year 2015.

Zipcar, Inc. Key Developments

Zipcar Expands Car Sharing in the Washington, D.C. Area

Zipcar is expanding to provide additional 'wheels when you want them' to residents, businesses, visitors and students. In the last four months, Zipcar has added an additional 35 locations to better serve communities such as Logan Circle, Brookland and Capitol Hill. Zipcar is also adding dozens of cars to Wards 7 and 8, with new locations along Benning Road, Branch Avenue and Minnesota Avenue, so that residents in those areas have a convenient and cost-effective alternative to get around the District. Zipcar is also expanding along the major transit lines throughout the greater Washington, DC area. In addition to adding more cars in more places, Zipcar D.C. announced that construction is under way for a newly expanded downtown office. The larger space, located at 403 8th Street NW in the Penn Quarter, will allow Zipcar to host more on-site member appreciation events, give more members access to visit with questions or to join, and provide more working space for Zipcar’s D.C. employees. Construction is expected to be completed this summer.

Zipcar and the Los Angeles County Metropolitan Transportation Authority Enter into Partnership

Zipcar and the Los Angeles County Metropolitan Transportation Authority (Metro) have entered into a partnership to provide vehicles for hourly or daily reservations at ten Metro park-and-ride locations. Twenty Zipcars will be available, two at each of the ten locations, providing residents, businesses and visitors with access to vehicles along busy transit corridors. Zipcar allows members to reserve a car by the hour or the day. Membership starts as low as $7 per month and members can choose vehicles such as sedans, hybrids, luxury vehicles and cargo vans. Zipcar will be available for reservation at the El Segundo lot, Indiana parking lot, La Cienega/Jefferson, Lincoln/Cypress, North Hollywood south lot, Pierce College, Universal City north lot, Van Nuys, Westlake/MacArthur Park lot and the Willow Street lot.

Zipcar, Inc. Announces Partnership with SNCF to Integrate into its Door-To-Door Mobility Service

Zipcar, Inc. has announced its partnership with SNCF to integrate into its door-to-door mobility service. The partnership with SNCF will offer Zipcar members and SNCF frequent travellers the opportunity to complete their journey with a Zipcar on arrival at their designated station. With a roll-out planned at 25 stations over summer 2015, the partnership will enable Zipcar to cover all major cities in France. With the increasing pressure on transport infrastructure in cities across the globe, Zipcar works closely with government, city authorities and transport stakeholders to facilitate new mobility services and to ease the pressure on congestion in the cities where it operates. The increased footprint of Zipcar across France that will come with the SNCF partnership further demonstrates Zipcar's commitment to France and its international expansion.

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