Skip to Content
Streetsblog Chicago home
Log In

Local Non-Profit IGO Car Sharing Acquired by Enterprise, Expanding Network

12:54 PM CDT on May 29, 2013

Emily Robinson shows off the new i-MiEV

IGO Car Sharing, owned and operated by the not-for-profit Center for Neighborhood Technology, was acquired by Enterprise, traditional car rental company, earlier this week for an undisclosed amount. Enterprise has its own car-share system, but the company will keep the IGO brand in Chicago.

IGO CEO Sharon Feigon sent out a press release yesterday to members, saying, "With IGO and Enterprise’s combined carsharing expertise, along with the injection of Enterprise’s financial and fleet resources, we will be able to provide an even higher level of service for our proud member community and continue our mission to help people live well without having to own a car."

IGO competes with Zipcar and its nationwide network, and a major benefit of the buyout is that IGO members will have access to the Enterprise CarShare network nationwide (a discount on Enterprise traditional rental cars was already offered). Enterprise CarShare tends to be located near universities but it has a wider presence in New York City and smaller cities. The Enterprise CarShare website already lists IGO as a partner in Chicagoland (cars are available from IGO in Evanston, Berwyn, and Oak Park).

The household financial incentives to substitute car-sharing for owning a car continue to intensify. The American Automobile Association pegs the cost of car ownership at $9,100 per year, up from $8,900 last year. Meanwhile, IGO hourly pricing hasn't changed in two years.

Stay in touch

Sign up for our free newsletter

More from Streetsblog Chicago

Bicycle-friendly politicians showed up in force for Bike Lane Uprising’s packed 6th anniversary fundraiser

Lawmakers Kelly Cassidy, Andre Vasquez, and Kam Buckner, plus BLU founder Christina Whitehouse, thanked the advocates present for their efforts to make cycling safer.

September 29, 2023

CTA blues: Musician and ex-bus driver Toronzo Cannon, shares his views on the agency’s labor challenges

Like many CTA workers, difficulties in the early days of COVID influenced Cannon's decision to retire. He says the transit unions need to do more to support their members.

September 28, 2023

Earth Rider Cycling closing in October after five years on Milwaukee Avenue

The closure of yet another local Chicago bike shop reflects a shifting and challenging market for small business owners.

September 28, 2023
See all posts