Strategic Sharing: Zipcar Leads $13.7M Investment In Campus Car-Sharing Startup Wheelz
February 22, 2012 – 8:25 am | No Comment

Well, you have to hand it to the strategy team over at Zipcar . Arguably the largest on-demand car-sharing network, Zipcar went public last year and not long after saw its market cap cross $1 billion . It’s since fallen back, and with collaborative consumption and the market for car-sharing heating up, the big players have to make moves. Zipcar has since forged a partnership with Ford, making it the largest provider of cars for Zipcar’s University program , and, in December, the company took a controlling stake in Spain’s largest car-sharing network, Avancar . Today finds Zipcar making another strategic move to get its mitts in fellow car-sharing companies, again with a focus on universities, whose students are among the most eager adopters of car-sharing models. What do I mean? The company today announced that it is a lead investor in the $13.7 million series A financing of Wheelz , a junior, university-focused version of itself. The Detroit-based Fontinalis…

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2011 Chevy Volt pinned with a November 1st official production kickoff date?

Submitted by admin on February 8, 2010 – 1:21 amNo Comment
add3acd6ebrm eng.jpg 2011 Chevy Volt pinned with a November 1st official production kickoff date?

Christmas isn’t coming early, but at least you’re getting a heads up. GM car dealers got their annual model guide, and what has our interests piqued here is the listing for the 2011 Chevrolet Volt, the plug-in hybrid electric car that seems to make our heart race in equal proportions to our wallets crying. According to the chart, the company will be accepting orders starting in September, with the official production date (or “Job 1 date” in automotive lingo) starting November 1st. There’s a bit of a discrepancy, however, as the dealers won’t know their final allocation until two weeks after the startup time — notice how it’s typically done weeks before with the other models — but hey, maybe time paradoxes is just another bullet point on its list of features. It’s about time Doc’s DeLorean had some competition.

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