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Car Sharing Rides $4 Gas to Increased Popularity

Zipcar catches on nationwide

(Newser) - With gas prices hovering around $4 a gallon, car sharing as an alternative to car ownership is finally gaining traction, reports Newsweek. Started 8 years ago, the best-known car-sharing company, Zipcar, rents communal vehicles by the hour or day. Both cost-efficient and eco-friendly, the company charges members about $10 an... More »

Car Sharing Firms to Merge

Zipcar and Flexcar to merge into 50-city, 5,000 car network

(Newser) - Car-sharing firms Zipcar and Flexcar will merge this week under the Zipcar brand, which has the largest network of the two. The firms, both 7 years old, rent cars by the hour, rolling gas, insurance, parking, and maintenance costs into a $7-$15 hourly rate and an annual membership fee. Cambridge-based... More »

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