Mexican Media Brands
PSA-Backed Car-Sharing Business Expands in U.S.
TravelCar, a five-year-old Paris-based company that provides peer-to-peer car-sharing at airports, trains stations and city centers, is adding its third free-parking site in the U.S. with service at Chicago’s O'Hare airport.
Share
TravelCar, a five-year-old Paris-based company that provides peer-to-peer car-sharing at airports, trains stations and city centers, is adding its third free-parking site in the U.S. with service at Chicago’s O'Hare airport.
TravelCar launched its airport service in the U.S. earlier this year in Los Angeles and San Francisco. France’s PSA Group and insurance provider MAIF invested a combined €15 million ($18 million) in the venture as part of the U.S. rollout.
Members can park for free at the airports—rates at O’Hare run about $17 per day—and rent their vehicles out while they’re away. Rental rates are about half the amount charged by traditional car rental firms. TravelCar plans to expand the free-parking service to 20 other U.S. airports next year.
In addition to the free sites, TravelCar offers discounted parking rates, without peer-to-peer renting, at 50 locations in the U.S. and Canada. The company operates in 50 countries worldwide and plans to expand to 15 new markets in 2018.
TravelCar uses PSA’s Free2Move integrated mobile service platform, which allows users to search, book and manage various transportation providers via a single app. The platform also is used by Zipcar and Daimler’s Car2Go service.
RELATED CONTENT
-
on lots of electric trucks. . .Grand Highlander. . .atomically analyzing additive. . .geometric designs. . .Dodge Hornet. . .
EVs slowdown. . .Ram’s latest in electricity. . .the Grand Highlander is. . .additive at the atomic level. . .advanced—and retro—designs. . .the Dodge Hornet. . .Rimac in reverse. . .
-
Choosing the Right Fasteners for Automotive
PennEngineering makes hundreds of different fasteners for the automotive industry with standard and custom products as well as automated assembly solutions. Discover how they’re used and how to select the right one. (Sponsored Content)
-
Things to Know About Cam Grinding
By James Gaffney, Product Engineer, Precision Grinding and Patrick D. Redington, Manager, Precision Grinding Business Unit, Norton Company (Worcester, MA)
