Car Sharing

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BMW Car Sharing Program to Include i3 EV

A new car sharing program just started this month in London. DriveNow plans to grow from a small-scale program by expanding naturally. Organically growing step-by step, DriveNow hopes to avoid the problems Daimler had in Britain. The partnership is a teaming up of the BMW Group and Sixt SE. They are presently in Germany (in Munich, Berlin, Düsseldorf, […]

December 13th

Ford2go Car Sharing Service To Open In Germany

Once upon a time, owning a car was a middle-class dream for people all over the world. Yet as car ownership gets more and more expensive, consumers are looking to alternatives, such as car sharing, to offset the cost. Ford’s European division is launching its own car sharing service, called Ford2go, starting in Germany.

Avis Makes A $500 Million Bid For ZipCar

Is car-sharing a trend for the future, or a flash-in-the-pan? That’s the question on a lot of minds these days as companies like ZipCar continue to grow, especially in the younger demographics. Eager to get into the game as well, rental car company Avis has put in a $491 million bid to buy ZipCar, though there are already questions regarding the legality of the sale.

January 3rd

Impact Investing and Alternative Transportation

The field of impact investing is a relatively new phenomenon, but its popularity is growing quickly, as investors seek financial AND other returns on their investments, usually environmental and social benefits. In impact investing, investors get to make a buck and feel good about it, too. Impact investing includes fairly mainstream investments, like Tesla’s initial public offering (IPO) that netted the company over $200 million.

November 28th