Car rental giant, Hertz, has just launched ‘Connect by Hertz’, a service which offers car sharing in London, Paris and New York City. Hertz plans to add the service to additional cities in 2009.
The environmental benefits of car sharing are significant, and the three low-emissions cars available via Connect by Hertz, including the Mini Cooper, green the deal even further.
Customers pay an annual fee and an hourly rate to use the cars, which varies between cities. Insurance, roadside assistance, maintenance and cleaning are among the many benefits included.
Global Car Sharing Services
'Connect by Hertz' Works in NYC, London, Paris
Trend Themes
1. Car Sharing Services - Opportunity for car rental companies to expand into car sharing services by offering environmentally friendly vehicles.
2. Low-emissions Cars - Opportunity for car manufacturers to focus on producing more sustainable and eco-friendly vehicles for the car sharing market.
3. Urban Mobility Solutions - Opportunity for technology companies to develop innovative platforms and apps that facilitate car sharing and improve urban mobility.
Industry Implications
1. Car Rental - Car rental companies can leverage their existing infrastructure and expand into the car sharing market to tap into new revenue streams.
2. Automotive - Automakers can capitalize on the growing demand for environmentally friendly transportation by producing electric and hybrid vehicles for the car sharing industry.
3. Technology - Technology companies can develop advanced platforms and mobile applications to enhance the user experience and efficiency of car sharing services.