Monday, January 9, 2006

Car Sharing Gets Profitable
There's nothing unusual about renting a car by the day. It's commonplace at airports nationwide, but for most Americans, renting a car by the hour is a strange notion. Renting a car by the hour is often called "car sharing." Car sharing is good for the environment because its users only get the car when they need the car. They usually take buses and bikes to get around. Car sharing has caught on in a few big cities on the east and west coasts. That's largely due to the efforts of a pair of private companies, Zipcar and Flexcar. Now those firms are poised to expand their operations. Listen to this story here.