Zipcar Completes Integration of Streetcar into Global Car Sharing Network

Zipcar, Inc.

today completed its final step in the acquisition of Streetcar, the largest car club in London, by integrating Streetcar's vehicles and members into the Zipcar platform. As a result, Zipcar UK members now can access more cars across the UK, utilize industry leading technology and benefit from the Zipcar global network of over 9,000 vehicles. The integration comes at a time of growth for Zipcar UK and provides a solid foundation for continued expansion across Europe. According to research by Frost & Sullivan, the market for car sharing in Europe could reach 5.5 million members and 3 billion euros.