Created by: The 4 P’s Jessica Burg Alice Popescu Ranjita Shetty Ritesh Maskay Project Summary Car sharing is an economical and eco-friendly mode of transportation that is designed to fulfill a just-in-time need for personal access to passenger cars. This transportation network encourages people to be socially and environmentally responsible by minimizing private vehicle ownership. Car sharing started gaining popularity in the early 1990s in Europe. Today‚ such fleet of automobiles operates
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Some other variable costs‚ however‚ went down partly because of this unexpected high volume of new registrations. Lease cost went up to $4‚800 per vehicle because as Zip Car got bigger‚ the exposure to risk also got bigger for car manufacturers as their leased vehicles will be used by a larger pool of different drivers. Parking fee per car per year was also higher than expected (25% more) and fuel bill were 10% higher than planned. Because these were variable cost‚ they would bring down the company’s
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Borrowed Car‚ Inc: Zipcar Watch Out Car Sharing & Opportunities for Growth Zipcar‚ Inc. is an entrepreneurial venture started in 1999 and was incorporated in the year 2000 by founders Robin Chase and Antje Danielson. The Zipcar business model is a sophisticated form of car sharing that was innovative for the time. Yet‚ it is important to note that this form of company is not the first of its kind. This would be a potential business to model our business after. Our goal is to create a smart economical
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Sociocultural Carsharing or car sharing is a model of car rental where people rent cars for short periods of time‚ often by the hour. They are attractive to customers who make only occasional use of a vehicle‚ as well as others who would like occasional access to a vehicle of a different type than they use day-to-day. Carsharing contributes to sustainable transport because it is a less car intensive means of urban transport‚ and according to The Economist‚ carsharing can reduce car ownership at an estimated
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PACCOUNTING AND FINANCIAL ANALYSIS Zipcar is expanding rapidly since it was established in 2000. According to its latest 8-k form‚ for the 2012 first quarter‚ revenue increased 20% to $59.1 million compared to $49.1 million in the prior year period. Revenue growth resulted primarily from a 23% year-over-year increase in membership to more than 709‚000 members at quarter end. But does it really have a sustainable growth to support its expanding and operation? We implement a rough accounting and financial
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v i d e s u s e f u l i n f o r m a t i o n t o t h e g e n e r a l p u b l i c ‚ c a r o w n e r s ‚ d e a l e r s a n d c a r m a n u f a c t u r i n g c o m p a n i e s i n m a n y w a y s . I A Consumer Stimul i b s t r a c t Car Industry: SWOT Analysis Dharmaraj C.‚ Sivasubramanian M. and Clement Sudhahar J. Mr. D h a r m a r a j C . ‚ A s s i s t a n t P r o f e s s o r‚ S c h o o l o f M a n a g e m e n t ‚ K a r u n y a U n i v e r s i t y ‚ C o i m b a t o r e - 6 4 1 1 1
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com India ’s Small Car Dream The term "small car" is both relative and subjective. A small car in the US or the Middle East is regarded as big in countries such as India and Indonesia. Within a particular country‚ too‚ the small car market has fairly heterogeneous products. While a car equipped with the latest technology such as the Suzuki Swift is a small car‚ the basic Nano‚ which is available at one-third the price of the Swift‚ also belongs to the same segment. A car that has limited or no
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Enterprise Rent-A-Car For a business it is very important to find the best location. Making that decision can help you to get more customers and operate efficiently and gaining profit. The largest car rental company in UK and they tried to keep their personal feel of a small business. Managers of branches are given the control and freedom to do what they want to their branches and see to the need for their local area and operate upon it. In that perspective the company set its own values and
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next thing I knew it was 8:00am. Zip lining was about to happen before I knew it. The scary feeling of letting go. “Kiki‚ are you dressed?” My mom whispers. “Yeah almost ready. Has anybody seen my hair brush?” “Have you looked in your bag or in the bathroom? “Yeah‚ Oh wait‚ I found it. It’s on the bed.” “Five minutes until we leave‚” My dad says. Okay Kiki. What you have to do is first go eat some fruit‚ then brush your teeth‚ grab your socks and hop in the car. My sister was already up since she’s
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Q1 2012 www.businessmonitor.com VIeTNAM AUTOS RepORT INCLUDES BMI’S FORECASTS ISSN 1749-0286 published by Business Monitor International Ltd. VIETNAM AUTOS REPORT Q1 2012 INCLUDING 5-YEAR FORECASTS TO 2016 Part of BMI’s Industry Report & Forecasts Series Published by: Business Monitor International Copy deadline: October 2011 Business Monitor International 85 Queen Victoria Street London‚ EC4V 4AB UK Tel: +44 (0) 20 7248 0468 Fax: +44 (0) 20 7248 0467 Email: subs@businessmonitor
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