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Streetcar referred to Competition Commission

Streetcar referred to Competition Commission

11 August 2010 Car Rental News

The acquisition of car-sharing service Steetcar by American rival Zipcar has been referred to the Competition Commission in the United Kingdom for “additional scrutiny”. The world’s largest car sharing service, Zipcar announced its intention to purchase Streetcar in April 2010.

Zipcar prepares for flotation

Zipcar prepares for flotation

3 June 2010 Car Rental News

Car rental firm Zipcar has filed for an initial public offering in the United States, potentially valuing the company at some $75 million. Founded just a decade a go, the Cambridge, Massachusetts-based company plans to go public on the NASDAQ stock exchange under ticker symbol ‘ZIP’.