Zipcar Launches in Madrid

Zipcar Launches in Madrid

ID: 348594

(Thomson Reuters ONE) -


Launch Marks 30th Major City Opening, Accelerates European Expansion

MADRID, Spain, Oct. 31, 2014 (GLOBE NEWSWIRE) -- Zipcar, the world's leading car
sharing network, today expands its footprint in Spain by launching its service
in Madrid, under the Avancar brand. The expansion builds on the success of the
existing Avancar service which has been available in Barcelona since 2005.

Founded in 2000 in the United States, Zipcar's launch in Madrid widens its
global network, giving its more than 870,000 members access to even more
vehicles around the world. Today's launch is a further step in Zipcar's
expansion across Europe, which already includes an established presence in the
United Kingdom, France and Austria. The expansion to Madrid marks the 30(th)
major city opening for Zipcar and follows the recent launch of the service in
Paris, where operations began last month.

Operating with a global fleet of over 10,000 vehicles in six countries, Zipcar
is leading the way to help transform urban living by providing a convenient,
sustainable and economical alternative to car ownership. In hundreds of towns,
cities, airports and universities across the globe, Zipcar is providing members
with a simple and streamlined user experience to reserve vehicles by the hour or
by the day, in locations close to where they live, work and travel.

Avancar has operated a successful car sharing network in Barcelona since 2005,
prior to being acquired by Zipcar in 2011. The expansion to Madrid will provide
members with a flexible and cost-effective alternative transportation solution
in Europe's seventh-largest city.

Speaking at the launch in Madrid today, Zipcar's European President, Massimo
Marsili, said: "Today represents another important milestone for Zipcar by
providing an alternative mobility solution to our Avancar members in Barcelona




and Madrid. Our service is environmentally friendly, complementary to public
transportation and ideal for a new generation of smart consumers who are looking
for goods and services that are available on demand. We are excited to be
launching our first wave of locations across the city today and aspire to a
future where Madrid residents are never more than a 10 minute walk away from an
Avancar."

Zipcar prides itself on offering members a variety of vehicles, including many
fuel-efficient models. Providing the right vehicle at the right time is key to
Zipcar's mission to reduce the need for car ownership in the city. Zipcar is
pleased to announce its initial Avancar fleet in Madrid will include vehicles
from leading European manufacturers such as Opel (Corsa, Vivaro), BMW (1 Series)
and Peugeot (208, 308 and 308 hybrid).

About Zipcar

Zipcar, the world's leading car sharing network, has operations in urban areas
and college campuses throughout the United States, Canada, the United Kingdom,
Spain, Austria and France. Zipcar offers more than 30 makes and models of self-
service vehicles by the hour or day to residents and businesses looking for
smart, simple and convenient solutions to their urban and campus transportation
needs. Zipcar is a subsidiary of Avis Budget Group, Inc. (Nasdaq:CAR), a leading
global provider of vehicle rental services. More information is available at
www.zipcar.com.

CONTACT: For more information:
         International inquiries:
         Email: pr(at)zipcar.com

         Spanish inquiries:
         Claudio Bravo
         Tel: 66 724 2368
         Email: claudio(at)bytepr.com

         Anna Parnau
         Tel: 66 724 2368
         Email: anna(at)bytepr.com



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Zipcar via GlobeNewswire
[HUG#1867470]




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Datum: 31.10.2014 - 06:02 Uhr
Sprache: Deutsch
News-ID 348594
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