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  • Business Travel News Supplier DirectorySUPPLIER DIRECTORY

Car-Sharing Use, Investment On The Rise

By Michael B. Baker / August 12, 2010 / Contact Reporter
Business Travel News on X

Travel buyers are finding more uses for the car-sharing model as it spreads across the United States, particularly as major car rental suppliers increase their investments into the programs.

Long popular in Europe, car sharing—membership-based organizations in which users can access vehicles all hours of the day via the Internet and wireless technology—first came to the United States more than a decade ago through suppliers Zipcar and Flexcar. Zipcar, which merged with Flexcar in 2007, remains the biggest supplier in the United States with a fleet of more than 7,000 vehicles, but more recently legacy suppliers Hertz and Enterprise, as well as U-Haul, have introduced their own car-sharing programs in select geographies.

The models differ slightly, with U-Haul's U Car Share and Enterprise's WeCar targeting corporate, university and government accounts, while Hertz's Connect by Hertz follows a model similar to Zipcar, targeting more leisure usage, said Julian Espiritu, a former Zipcar executive who now manages Abrams CarSharing Advisors, a service launched by Abrams Consulting Group last year. All, however, do some corporate business, he said.

"We do have corporate customers who use it," said Robert Stuart, senior vice president of sales for Hertz. "A lot of corporations are encouraging carpooling, so those employees can use it if they need to travel while at work."

Other companies in urban areas use car-sharing services for short trips to meetings, Espiritu said. This saves money over standard car rental, because travelers pay hourly rather than daily rates, as car sharing includes fuel costs and provides parking, he said. Seattle's Swedish Medical Center, for example, lets its employees use Zipcar for business travel, which frees them from dealing with mileage reimbursements.

Aside from the actual vehicles, car-sharing vendors also now supply their car-sharing technology to help corporations and governments manage their own fleets. Using the technology, corporations can set up automated reservations for their fleet and monitor where their vehicles are at all times.

"A lot of these corporate organizations have huge fleet-management needs," Abrams Consulting's Espiritu said. "This cuts down the cost of labor and lets them reduce their fleet expenses."

City officials in Washington, D.C., for example, recently equipped their fleet with Zipcar technology and as a result were able to reduce the fleet size by about 85 percent, he said.

Hertz acquired its car-sharing technology supplier, Eileo, last year and is about to begin a pilot program to manage the fleet of the city of Philadelphia, according to Stuart.

Espiritu expects corporate usage of car-sharing programs to increase with wider distributed. For now, they are not usable by travelers whose itineraries include air travel, but he said that eventually will change.

"Soon, we will see car-share operators at the airport," Espiritu said. "This is the future of car rental."

This story originally appeared in the August 9, 2010, edition of Business Travel News.

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