Compared with the rest of the world, the U.S. has long been known as the gas guzzler country--the nation of the widest roads, largest vehicles and the least amount of reliable mass transit for the geography. That image could be changing, according to a new study that says driving in the U.S. has already peaked and will decline.
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There are reports that the car share companies Zipcar and Flexcar will merge. Financial terms were not disclosed but it looks like Zipcar is absorbing the smaller Flexcar. The name of the merged company, which will have more than 5,000 vehicles and 180,000 subscribers in 48 cities, will be Zipcar. The news is expected to be made official by the weekend. We will have more as the story develops.
Chicago and Toronto may be Zipcar's latest markets, but San Francisco is the company's stronghold. The car-sharing company marked its paper anniversary (or clock anniversary, if you're the modern type) in the Bay Area with an announcement that it will be doubling it's fleet of 200 cars there in the next year. That should make the 5,000 Bay Area Zipcar members happy.
Zipcar, the largest car sharing service in the country, opened up shop in Chicago yesterday, with dozens of cars now parked throughout the city awaiting customers. But Chicago is not the last city in the Midwest the car ownership alternative company hopes to operate in. In fact, Chicago is slated to be the hub of Zipcar's expansion in the Midwest. According to Zipcar, 3,000 people a month are signing up for the service, which rents cars to members by the hour. Some numbers thrown out by the comp