Zipcar is an American car-sharing company, a subsidiary of Avis Budget Group. Zipcar provides automobile reservations to its members, billable by the hour or day. Zipcar members pay a monthly or annual membership fee in addition to car reservations charges. Zipcar was founded in 2000 by Cambridge, Massachusetts residents Antje Danielson and Robin Chase.
On March 14, 2013, Avis Budget Group purchased Zipcar for about US$500 million in cash. Zipcar operates as a subsidiary of Avis Budget Group.Scott Griffith, who had run the company for the previous 10 years, resigned the day after the acquisition closed, and passed the reins to a new company president, Mark Norman.[5] In early 2014, Kaye Ceille took over as Zipcar's North American President.
As of June 2015, the company had more than 900,000 members and offers nearly 10,000 vehicles throughout the United States, Canada, the United Kingdom, Spain, France, Austria and Turkey, making Zipcar one of the world's leading car rental networks.[6]