By on July 29, 2014

hipster lyft millennials

Though companies such as Lyft, Car2Go and Uber aim to help the young and the carless get around town without the need for owning a car — Uber wanting to go as far as to replace car ownership, period — the millennials eventually decide to go all in on individual car ownership.

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By on July 10, 2014

Toyota Sales Lot

The good news? Automakers are enjoying a sales boom in the United States the likes of which haven’t been seen since the Great Recession brought the hammer down, with June 2014 sales alone surpassing those in July of 2006. Should the boom continue, 2014 will close as the industry’s best year in a long time, with over 16 million vehicles sold when the calendar ticks over to 2015.

The bad news? This year may be the last year U.S. sales ever climb this high.

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By on June 18, 2014

govcar

There a few things I can’t wrap my mind around these days.

Take for example, Zipcar.  The car sharing firm that supposedly offers the Millenial vibe, is actually run by the old GM dumping ground for unpopular vehicles established rental company Avis.

That’s not a bad thing at all. Long story short, the opportunity for Zipcar to buy and manage vehicles at Avis procurement levels makes what was once a pipe dream, financially realistic. Avis gets to expand their fleet with minimal overhead costs (the two companies share the same vehicle fleet), and Zipcar gets to focus on expanding the idea of car sharing.

The problem for me is that the economics of car sharing under a corporate umbrella is still a bad idea for 99% of the folks out there.

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By on May 30, 2014

Car2Go London

Car-sharing service Car2Go, whose ubiquitous blue-and-white Smart Fourtwos can be seen parked on the streets of many a major city, will leave the United Kingdom market today.

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By on April 5, 2014

car-share-parking-photo111

20 lawnmowers.

20 internet connections

20 videos of The Lion King.

Oh, and 60+ vehicles on one street.

I recently delved deep into one of the more challenging ideas of the modern age: car sharing in suburbia. It’s an idea that many non-enthusiasts and city dwellers love. But is it a good idea for suburbanites and the rest of us?

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By on March 28, 2014

autoshare_kevin__868561gm-a

Enterprise Rent-A-Car’s Canadian subsidiary is buying AutoShare, a Toronto-based car sharing company that has established itself as a successful competitor to Zipcar.

While terms of the deal weren’t disclosed, it follows last year’s takeover of ZipCar by Avis Budget Group. For now, AutoShare will be managed from Toronto, and operate under the AutoShare brand. According to The Globe and MailAutoShare started in 1998, and has now grown to 12,000 members, with its membership focused in Toronto alone.

But with the backing of Enterprise, that could change. With high gas prices, a largely urban population centered in dense downtown areas and a culture more receptive to eco-friendly measures like public transit, Canada is a country that would be willing to embrace car sharing services. Don’t be surprised if AutoShare starts expanding – and a move south of the 49th parallel could be in the cards as well.

 

By on February 27, 2014

Ferrari 550 Pininfarina Barchetta

After a century of motoring, and with several factors rapidly changing the landscape, analysts are forecasting the peak of global automotive growth to come sometime in the 2020s.

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By on February 5, 2014

enterprisecarshare

According to a report from consulting firm AlixPartners, each and every car in the Zipcar or car2go car-sharing fleets means 32 lost vehicle sales. Based on a survey of 2,000 adults in 10 major cities who use car-sharing services, the report says that Americans would have bought an additional half million new or used cars and light trucks since 2006 if they did not have access to those services. That figure is expected to grow to 1.2 million by the end of the decade.

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By on January 8, 2014

2

There’s a new car sharing program in Columbus, Ohio called car2go (not capitalized). For $0.38/minute, smart cars are available for rent – fuel and insurance are included. They can be driven anywhere, but they have to be returned to a public parking space within the designated “home area”. The Columbus home area is essentially downtown, the immediately adjacent suburbs, and the Ohio State University campus. I am fortunate enough to live in the home area and for the past several weeks I have been tempted by a car-nu-co-pia of car2gos (cars2go?) smart cars parked everywhere.
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By on October 17, 2013

Car2Go in Seattle

In cities where owning a car can be a pain (New York, Boston, Seattle), drivers are opting instead to share vehicles with other drivers, with companies such as ZipCar, Car2Go, RelayRides et al offering their services to help the public get around. All anyone needs beyond the basics is a subscription to the car-sharing service, a reservation, and a drop-off location when they are finished with their errands. Even big-name rental car companies like Enterprise and Hertz are jumping into the new business model for a test drive, Avis having gone the farthest by purchasing ZipCar in January of 2013.

However, the insurance offered by these peer-to-peer rental companies might not all that it’s cracked up to be, with severe consequences should anything remotely catastrophic occur.

(Read More…)

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