. . . were owning a car is a status symbol? ZoomCar to make the switch to a marketplace-only model by end of 2017 Self-drive car rental service, Zoomcar announces its plans to shift to a 100% marketplace model by the end of the year. The venture will sell off its fleet of owned cars in the coming time and will push up its associate programme further. The platform currently works with 2,600 cars which is a combination of cars actually owned and those of associates. But as disclosed by founder Greg Moran at a recent press release, these associate cars will now account for cent percent of its fleet. The car rental platform initiated the said associate programme back in April, last year. Under t

Car2Go provides car-sharing services in European and North American cities, and is part of Daimler’s portfolio, says its customer base grew

Car companies want to sell as many cars as possible. This is an indisputable fact. But lately they’ve been trying to speak the language of a post-ownership future. They see Uber and Lyft and the trend of more people moving to cities and abandoning their cars, and they’re anxious. They know there is a problem with too many cars on the road and too much traffic and pollution. So they decided to lean into the “mobility” trend and see where it takes them. Ford spun off its own LLC. General Motors launched a car-sharing company. Nearly everyone started overusing terms like “transportation as a service” and “smart cities” without really explaining what they meant or how this is a sustainable busin

As OEMs enter the auto rental market space and takes advantage of the advancements in technology, how does this effect traditional industries? - Auto Rental, CarSharing, Taxi/Livery Services, and Car Ownership. A day will come when you can summon a car when you need it. That day is coming soon! Cadillac is launching a subscription-based service that gives users access to most of its models for a flat fee of $1,500 a month. Called Book by Cadillac, the program starts in February in New York City and its surrounding areas. Cadillac's goal: attract users who want flexibility without the costs and commitment of ownership. The monthly fee is steep, but Cadillac argues it's competitive with the

As a pioneer of introducing On-Demand mobility services to real estate developers, ACA has worked with private and public sectors of government to forge partnerships and change zoning requirements for developers. Like many high-end New York apartment buildings, the new Solairedevelopment in Lower Manhattan offers complementary access to a full gym and a 24-hour concierge. What's different about its amenities is in the parking lot: Residents can avail themselves of a fleet of BMWs, including four i3s, the elegant new electric vehicle. The exclusive service, launched in December, is meant to attract millennials who don't want the hassle of owning a car and prefer to buy mobility on-demand. "Wh

As the headquarters for BMW’s ReachNow car-sharing service, Seattle will be one of the first places people get to try out BMW autonomous vehicles. Steve Banfield, CEO of ReachNow, said Thursday at the Economic Development Council of Seattle & King County annual Economic Forecast Conference that BMW will test out its eventual self-driving fleet through ReachNow. The company reportedly plans to test driverless cars in Germany this year. “The benefit to having ReachNow in your region, is that you are going to be the first people to try autonomous cars from BMW,” Banfield said. “We are going to bring them here and we are going to be able to use them and test them.” ReachNow only launched nine mo

Seem all the OEMs are launching subscription programs. Is this the future of car sales? Cadillac seems to be taking a cue from the world of subscription delivery startups. The GM-owned luxury brand is launching a new service that will let members drive and swap out pricey cars whenever they'd like for a flat monthly fee of $1,500. http://mashable.com/2017/01/05/cadillac-subscription-service/#F3tItuPoiOqw

BOSTON, Jan. 05, 2017 -- Zipcar, the world’s leading car sharing network, today announced that Tracey Zhen has been appointed as its president. Ms. Zhen has nearly two decades of experience in the consumer technology industry, including senior management roles at TripAdvisor and Expedia overseeing business strategy, finance, operations, product development and marketing. At TripAdvisor, Ms. Zhen was vice president and general manager of FlipKey, an online vacation rental marketplace. At Expedia, she served as general manager for emerging markets and strategy, leading international business growth in Europe and strategic partnerships. “Zipcar is an iconic brand that defined a new category of