Innovative Mobility Carsharing Outlook – Summer 2013

The recent acquisitions of IGO CarSharing by Enterprise Holdings in May 2013 and Zipcar by the Avis Budget Group in January 2013 continues a trend of mergers and acquisitions in North American “classic” carsharing (or roundtrip, short-term vehicle access). This trend began in the early 2000s with the Flexcar acquisition of CarSharing Portland in 2001 and the merger of Zipcar and Flexcar in 2007. Mergers and acquisitions again became an industry hallmark with the Enterprise Holdings’ acquisition of PhillyCarShare in 2011 and their acquisition of Mint Cars On-Demand in 2012.