Zipcar And Flexcar MergeNovember 1, 2007
Zipcar, London’s newest and the world’s largest car club, is merging with Flexcar. The company recently launched its pay as you go car service in the UK after its success in the U.S. and now has plans to expand in London.
Zipcar and Flexcar currently operate car sharing programmes, providing members with on-demand access to a diverse fleet of vehicles.
Zipcar is the world’s leading car sharing company, with more than 120,000 members and 3,500 vehicles in the US and now London.
Flexcar founded the U.S. car sharing industry and has operations in more cities across the U.S. than any other provider. By the hour or by the day, members can reserve and drive any of these cars whenever and wherever they need to, without filling out complicated paperwork or paying for insurance, fuel or repairs. Flexcar Business Memberships enable companies to augment or replace their fleet with Flexcar vehicles.
Zipcar and Flexcar say that together they will represent “an international network able to deliver new member benefits and accelerated growth to the burgeoning car sharing industry.” The combined company will operate under the Zipcar brand and be headquartered in the U.S.
To use the service, members reserve a vehicle online or via a mobile device, use a smartcard to open the doors, take their trip, and then return the car at the end of the reservation. A simple hourly or daily fee covers fuel, insurance, maintenance, parking and 24-7 emergency service.
Upon merging, member benefits will include:
Award winning technology: Members will access the vehicles through Zipcar’s Z3D, industry-leading technology. The proprietary platform fully connects the information flow between vehicles, members and Zipcar.com.
Universal membership: The Zipcar membership will enable the self-service reservation of any vehicle in any city in the combined Zipcar, Flexcar network simply by using the Zipcar.com website or mobile interface.
Premium insurance: All members will be covered under an industry leading insurance plan.
Green options: Both companies have a commitment to environmental responsibility, and now members will have access to more hybrid vehicles.
Car sharing programmes are proven to have significant positive environmental and social impacts. National studies show that each shared car replaces up to 20 privately owned vehicles. Car sharing members report driving significantly less and are more likely to walk, bike, and use public transportation. Members also report significant savings per month compared to the average cost of owning and operating a car in the city, and businesses have saved thousands of pounds by eliminating company fleets or augmenting their transportation offerings with car sharing programmes.