Wednesday, Sep 22, 2021
International Finance
Company

Zipcar launches services in Costa Rica

Marks car-sharing company’s entry into Latin America

Zipcar, a car-sharing company, announced the launch of its service in Costa Rica. This marks the launch of the brand in Latin America.

Twenty Zipcars are now available for reservation by the hour or by the day in easily accessible locations throughout San Jose, Heredia and Alajuela. The vehicles are parked in designated spots for convenient pick-up and drop-off and can be reserved in seconds on Zipcar’s mobile app. Each reservation includes gas and insurance.

“Today’s launch in Costa Rica marks a great milestone for Zipcar,” said Zipcar President Tracey Zhen. “As our first entry into Latin America, we are pleased to welcome members in Costa Rica to our network. With each Zipcar eliminating the need for up to 13 personally-owned vehicles, we look forward to helping reduce congestion and traffic challenges within the region.”

The launch is a pivotal milestone in Zipcar’s international expansion, which already includes a presence in over 500 cities and towns across Europe and North America as well as Zipcar’s recent expansion to Asia launching in Taiwan this past June.

As a pioneer of car sharing for almost 20 years, Zipcar’s entry into Latin America widens its global network, providing more than one million members access to even more vehicles.

About Zipcar
Zipcar is an American car-sharing company and a subsidiary of Avis Budget Group. Zipcar provides automobile reservations to its members, billable by the hour or day; members pay a monthly or annual membership fee in addition to car reservations charges. Zipcar was founded in 2000 by Antje Danielson and Robin Chase.

On March 14, 2013, Avis Budget Group purchased Zipcar for approximately US$500 million in cash; Zipcar operates as a subsidiary of Avis Budget Group. Scott Griffith, who had run the company for the previous 10 years, resigned the day after the acquisition closed and passed the reins to a new company president, Mark Norman. In early 2014, Kaye Ceille took over as Zipcar’s North American President. In the summer of 2016, Kaye Ceille became a managing director of Avis Budget Group International.

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