By Micheline Maynard
Back in 2009, just before General Motors filed for bankruptcy, I wrote a story for The New York Times called, “Industry Fears Americans May Quit New Car Habit.”
This was a very real concern for the Obama administration, which was in the midst of investing $82 billion in reviving two car companies and restructuring other parts of the auto industry.
The story included an interview with Scott Griffith, the CEO of a fledgling company called Zipcar, which rented cars to customers by the hour. In 2008, Zipcar had signed up 200,000 members. In 2009, the company was aiming for 300,000.
Flash forward to 2013. Zipcar was sold this spring to the Avis Budget Group for $500 million. Zipcar now has 810,000 members. And the opportunities for expanding its network seem boundless.
But Zipcar is far from the only car sharing company out there. As you can see from our car resources page, there are all manner of places, both for-profit and non-profit, allowing people to use a car for short periods of time. Continue reading