Background colour

PREVIEW

ID: 55307389 Video

Headline: Zipcar to Shut Down UK Operations by Year-End

Caption:

Car-sharing platform Zipcar has announced it will close its UK operations by the end of the year, ending its run as the country's largest car-sharing service.

Keywords: Motoring,Zipcar UK closure,Avis Budget,car-sharing platform,31 December bookings,UK consultation,650,000 members,London market,falling revenues,cost of living crisis,rising energy costs,after-tax losses,congestion charge expansion,UK staff consultation,car sharing,mobility services,transport industry,sustainability strategy,app-based rentals,urban mobility,financial pressures,business restructuring,UK transport,shared economy,vehicle rental sector,corporate decision

PersonInImage: