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Avis Budget Group (CAR) Subsidiary Zipcar Announces New Initiative with NYC DOT to Increase Access to Car Sharing
May 31, 2018 11:34 AM EDTZipcar, a subsidiary of Avis Budget Group, Inc. (NASDAQ: CAR), and the City of New York, today announced two major initiatives that will soon make car sharing available in more neighborhoods and to more individuals throughout the city while reducing the need for personal vehicle ownership.
Through participation in the Department of Transportation (NYC DOT) car-sharing pilot, Zipcar will expand its presence in New York City to 116 on-street and municipal parking lot locations consisting of 228 parking spaces dedicated specifically for Zipcars. The vehicles will be available throughout the Bronx, Brooklyn, Manhattan and Queens... More
