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August 28, 2005 – Vol.10 No.23
WHY CAR SHARING CAN SAVE GAS.
The convenience of having an automobile readily available has made life easy - but thoughtless and wasteful for so many Americans. We hop in the car at the drop of a hat for the most menial of trips.
But if we didn’t have a car readily at hand and we had to reserve, rent or borrow a car every time we needed one we probably be more careful about how we used it. We’d learn to plan ahead. We wouldn’t be so frivolous about our trips. We would save fuel.
And, if the car we rented or shared was from one from Flexcar we’d also be driving a fuel efficient one.
Revolution LLC has purchased the controlling interest in Flexcar, the first and largest car-sharing program in the U.S. And, to add some seasoned automotive experience, the company has hired Lee Iacocca to become Senior Advisor and an Investor/Director of Flexcar.
With the acquisition, Revolution has big plans including the immediate expansion of its fleets by 50 percent in a few cities and opening of new markets in others. Revolution also wants to build one of the nation’s largest privately-owned fleets of hybrid cars. (Most of the fleet is already hybrids).
Flexcar will be part of Revolution’s portfolio of companies which include healthcare, balanced living, resorts and real estate.
Revolution, based in Washington, D.C. is owned by Steve Case the cofounder of America On Line (AOL) Visit Flexcar at http://www.flexcar.com/ , Revolution at http://revolution.com/
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