Wednesday, October 31, 2007

Zipcar and Flexcar Merge

National car sharing services Zipcar and Flexcar, announced their merger Oct. 31.

Cambridge and Washington DC (October 31, 2007) — Zipcar and Flexcar, leading car sharing providers, announced today the companies will merge. Together these two companies will represent an international network able to deliver new member benefits and accelerated growth to the burgeoning car sharing industry. The combined company will operate under the Zipcar brand and be headquartered in Cambridge, MA, under the leadership of Zipcar's chairman and chief executive, Scott Griffith.

Full Press Release.

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