August 16, 2005

Self-service car-sharing company opens in San Francisco

San Francisco, California – Zipcar, the U.S.’s largest self-service car-sharing company, has announced that San Francisco will become its first West Coast market. It anticipates a September 1st launch and is currently taking membership applications, at a promotional rate of US$50, plus a US$25 driving credit to the account.

Members reserve Zipcars online or by telephone, and use a “Zipcard” to unlock the vehicle and drive away. In San Francisco, rates will start at US$8.50 per hour and US$60 per day, which includes gas, parking, insurance and satellite radio service.

As of July 2005, there were 17 U.S. car-sharing programs with a claimed membership of 76,420 members sharing 1,192 vehicles, and 11 Canadian operations claiming 11,932 sharing 599 vehicles. More than 40,000 of the U.S. members are with Zipcar; currently, over 2,500 new members join each month. The company’s fleet includes 700 vehicles representing over 20 different makes and models.

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