If Zipcar were available in the city where I live, I'm pretty sure I'd be one of the first to sign up. And the realization that sharing a car is a good idea has struck a lot of people around the country. In fact, Zipcar's membership should hit 300,000 this year, an 80 percent increase compared to 2007 (Zipcar and its main rival Flexcar merged late last year). So why is the Zipcar not making any money?
With 110 vehicles - incuding 20 Priuses - now available for rental by the hour, Zipcar started service in Philadelphia this week. Haven't heard of Zipcar? Then you must be new here. Welcome, and here's what you need to know about car sharing, which allows city dwellers to rent a car when they need one and pay an hourly rate (around $10 plus a membership fee) instead of a daily rate.
Most of us here in the U.S. don't get the opportunity to drive around in the UK very often, and that includes myself. Still, I was a bit shocked when I read the press release I've now posted after the break, which announced that the UK has just opened the country's first High Occupancy Vehicle (HOV) lane. So, they're a little ahead in roundabouts, and we're a little ahead in carpooling.