Zipcar, Inc. (Nasdaq:ZIP) , the world's leading car sharing network, announced the exercise of its option to purchase a majority ownership interest in Barcelona-based Catalunya Carsharing S.A., known as Avancar. The company operates a fleet of vehicles throughout the cities of Barcelona and Sant Cugat del Valles .

Zipcar is the world's leading car sharing network with approximately 650,000 members and 9,000 vehicles in urban areas and college campuses throughout the United States , Canada and the United Kingdom .

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