NasdaqGS:CARTransportation
Is Avis Budget Group’s Zipcar Consolidation a Shift in CAR’s Long-Term Mobility Strategy?
Avis Budget Group has already begun consolidating its Zipcar subsidiary’s corporate operations by closing Zipcar’s Boston headquarters, cutting more than 100 roles, and shifting oversight to the parent’s New Jersey base while keeping local field and fleet teams in place to maintain service in existing markets.
This move underscores Avis Budget Group’s effort to tighten costs around Zipcar, treating car-sharing as a more experimental part of its portfolio while centralizing resources for...