Zipcar Extends International Footprint With Launch of Car Sharing Service in Iceland

Zipcar Extends International Footprint With Launch of Car Sharing Service in Iceland

ID: 560287

(Thomson Reuters ONE) -


* The Icelandic launch marks the first market entry for Zipcar in the Nordic
markets as the world's largest car sharing network extends its international
footprint
* New service gives residents of Reykjavik on-demand access to a choice of
cars when they need it without the cost and hassle of ownership

REYKJAVIK, Iceland, Sept. 18, 2017 (GLOBE NEWSWIRE) -- Zipcar, the world's
leading car sharing network, today announced the launch of its car sharing
service in Reykjavik, Iceland. This marks the first major city launch for the
brand in the Nordic countries.

Despite Iceland having the eighth highest level of car ownership per capita in
the world (with a car for every 1.5 inhabitants) according to the World Health
Organization's Global Status Report on Road Safety 2015, the Icelandic capital
has announced that it aims to be the world's first carbon-neutral city by 2040,
making it the ideal city for Zipcar to launch in the region to complement
walking, cycling and public transport.

Zipcar's expansion to Reykjavik brings car sharing to even more consumers who
want access to a car in and around the city without the cost and hassle of
ownership. The company has launched its popular round-trip car sharing service
in Reykjavik to provide consumers with access to Zipcars in the city which can
be picked up from a designated parking bay and then returned to the same
location.  Members will have access to a range of vehicles including Hyundai's
i10 and Nissan's Leaf EV for shopping or seeing family and friends without
having to worry about the costs of fuel, insurance or parking charges.

Mark Servodidio, President, International, Avis Budget Group, commented, "We are
delighted to be extending our international footprint to the Icelandic capital
as a means to help the city reach its transportation goals over the coming




decades. This will be our first venture into the Nordic region and we looking
forward to welcoming members in Reykjavik to our global network."

Today's launch marks another key milestone in Zipcar's international expansion,
which already includes a well-established presence in over 500 cities and towns
across Europe, North America and most recently Asia-Pacific.  As a pioneer of
the car sharing concept for almost 20 years, Zipcar's entry into Iceland widens
its global network, providing more than one million members access to even more
vehicles.

About Zipcar

Zipcar is the world's leading car sharing network, driven by a mission to enable
simple and responsible urban living. With its wide variety of self-service
vehicles available by the hour or day, Zipcar operates in urban areas and
university campuses in over 500 cities and towns across Austria, Belgium,
Canada, Costa Rica, France, Spain, Taiwan, Turkey, the United Kingdom and the
United States. Zipcar offers the most comprehensive, most convenient and most
flexible car sharing options available. Zipcar is a subsidiary of Avis Budget
Group, Inc. (Nasdaq:CAR), a leading global provider of mobility solutions. More
information is available at www.zipcar.com.

For more information:

Zipcar International Inquiries:
Email: ZipcarEMEAPR(at)theprnetwork.co.uk




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Zipcar via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 18.09.2017 - 17:03 Uhr
Sprache: Deutsch
News-ID 560287
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