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Zipcar aims to make car sharing a way of life - latimes.com                                                                                                       5/1/12 2:28 PM




  Sign In or Sign Up                     B Like 224k Membership Services Jobs Cars Real Estate Subscribe Rentals Classifieds Custom Publishing Place Ad




 Co^Anficle* Struct business
  LOCAL U.S. WORLD                   BUSINESS          SPORTS ENTERTAINMENT HEALTH LIVING TRAVEL OPINION

   MONEY & CO. TECHNOLOGY PERSONAL FINANCE SMALL BUSINESS COMPANY TOWN JOBS REAL ESTATE CARS

  IN THE NEWS: MAYDAY | AMARESTOUDEMIRE | BROOKLYN NETS | 'OCTOMOM' | ONE WORLD TRADE CENTER Search


QA
 &
                                                                                                                          Recommended on Facebook B Like 224k
Zipcar aims to make car sharing a way of life                                                                                       You need to be logged into
CEO Scott Griffith talks about a road to simpler urban living and alternatives to vehicle                                            Facebook to see your friends'
ownership.                                                                                                                 recommendations.


S © i _J Comments ' ^j, Share ?7 ^-1 1 JfrTweet 12 B Recommend 10                                                                  Naked at the airport: Portland
                                                                                                                                   businessman strips to protest TSA

                                                                                             i 2. mxt I single page
                                                                                                                                   Pentagon releases results of
                                                                                                                             *     13,000-mph test flight over
                                                                                                                                   Pacific




                                                                                                                                      as of 04:06PM ET 5/1/2012

                                                                                                                          DJIA                                       13279.32
                                                                                                                                                                       +65.69

                                                                                                                          NASDAQ                                       3050.44
                                                                                                                                                                         +4.08

                                                                                                                          S&P500                                       1405.82
                                                                                                                                                                         +7.91

                                                                                                                         QUOTE:




                                                                                                                         In Case You Missed It.

   "We focus on lifetime value, years of relationship," Zipcar CEO Scott Griffith says. "Half of our membership base Ls
   choosing to sell a car or not buy a car when they sign up with us." (Scott Eells, Bloomberg / April u, 2012)
                                                                                                                                                   Jessica Simpson gives
                                                                                                                                                   birth to baby girl
                                                 By Jem- Hirsch, Los Angeles Times
                                                 May 1.2012                                                                           .•
                                                                                                                                      -'


Scott Griffith wants to rent you a car, but just for an hour or two, or maybe the afternoon.                                                        Opinion: The worst way
                                                                                                                                                   to judge a charity
He is the chief executive of Zipcar Inc., the Cambridge, Mass., company that in a few short years has
signed up nearly 700,000 members and has become profitable in recent quarters operating the
nation's largest car-share program.

Zipcar generates about $63 a day from each of its 10,000 vehicles, and it earned nearly $4 million in                                              Facebook lets users post
the fourth quarter of last year, its second consecutive profit.                                                                                     organ donor status

In Southern California, Zipcar operates at many college campuses, including some of the smaller
schools such as Chapman University and Occidental College. It also has rental cars in Hollywood,
West Hollywood and Santa Monica.

http://www.latimes.com/business/la-fi-autos-zipcar-20120421,0,4800172.story                                                                                           Page 1 of 4
Zip cars

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Zip cars

  • 1. Zipcar aims to make car sharing a way of life - latimes.com 5/1/12 2:28 PM Sign In or Sign Up B Like 224k Membership Services Jobs Cars Real Estate Subscribe Rentals Classifieds Custom Publishing Place Ad Co^Anficle* Struct business LOCAL U.S. WORLD BUSINESS SPORTS ENTERTAINMENT HEALTH LIVING TRAVEL OPINION MONEY & CO. TECHNOLOGY PERSONAL FINANCE SMALL BUSINESS COMPANY TOWN JOBS REAL ESTATE CARS IN THE NEWS: MAYDAY | AMARESTOUDEMIRE | BROOKLYN NETS | 'OCTOMOM' | ONE WORLD TRADE CENTER Search QA & Recommended on Facebook B Like 224k Zipcar aims to make car sharing a way of life You need to be logged into CEO Scott Griffith talks about a road to simpler urban living and alternatives to vehicle Facebook to see your friends' ownership. recommendations. S © i _J Comments ' ^j, Share ?7 ^-1 1 JfrTweet 12 B Recommend 10 Naked at the airport: Portland businessman strips to protest TSA i 2. mxt I single page Pentagon releases results of * 13,000-mph test flight over Pacific as of 04:06PM ET 5/1/2012 DJIA 13279.32 +65.69 NASDAQ 3050.44 +4.08 S&P500 1405.82 +7.91 QUOTE: In Case You Missed It. "We focus on lifetime value, years of relationship," Zipcar CEO Scott Griffith says. "Half of our membership base Ls choosing to sell a car or not buy a car when they sign up with us." (Scott Eells, Bloomberg / April u, 2012) Jessica Simpson gives birth to baby girl By Jem- Hirsch, Los Angeles Times May 1.2012 .• -' Scott Griffith wants to rent you a car, but just for an hour or two, or maybe the afternoon. Opinion: The worst way to judge a charity He is the chief executive of Zipcar Inc., the Cambridge, Mass., company that in a few short years has signed up nearly 700,000 members and has become profitable in recent quarters operating the nation's largest car-share program. Zipcar generates about $63 a day from each of its 10,000 vehicles, and it earned nearly $4 million in Facebook lets users post the fourth quarter of last year, its second consecutive profit. organ donor status In Southern California, Zipcar operates at many college campuses, including some of the smaller schools such as Chapman University and Occidental College. It also has rental cars in Hollywood, West Hollywood and Santa Monica. http://www.latimes.com/business/la-fi-autos-zipcar-20120421,0,4800172.story Page 1 of 4