Feb 03, 2010

Trend Toward Car-Sharing Expected to Continue

Research firm Frost & Sullivan just issued a new report that says car-sharing is on the rise and expected to grow exponentially over the next five years. Between 2007 and 2009, the number of drivers using car-sharing networks increased 117% in North America. That number is expected to triple in the next five years, to a total of about 4.4 million individual users.

My favorite number in all these statistics: every shared vehicle replaces 15 individually owned vehicles. Another cool number: An average ZipCar user can save up to $435 per month by driving shared vehicles.

The numbers don't lie! Car-sharing is here to stay.