Zipcar is a car rental company in the United States, a subsidiary of Avis Budget Group. Zipcar provides automobile reservations to its members, billable by the hour or day. Zipcar members pay a monthly or annual membership fee in addition to car rental charges. Zipcar was founded in 2000 by Cambridge, Massachusetts residents Antje Danielson and Robin Chase.
On March 14, 2013, Avis Budget Group purchased Zipcar for about 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.[4]