Closure of UK Operations

Zipcar has announced proposals to close its UK operations by the end of the year. The US-based car-sharing group said it planned to "temporarily" suspend new bookings after December 31, after launching a formal consultation with staff over the closure.

Impact on Employees

According to its most recently filed financial statements, the British operation employed 71 people at the end of 2024. The company has begun formal consultations with its UK employees regarding the proposed closure.

Customer Information

The company said its customers can continue to use Zipcars through Christmas and December 31. Customers have been informed that pending the outcome of the consultation, no new bookings will be possible after December 31, 2025. Customer accounts will remain open until the company confirms its decision at the end of the consultation process.

Financial Performance

Accounts showed the van and car rental company’s losses widened to £5.7 million in 2024 after a fall in customer journeys. This decline in financial performance is likely a contributing factor to the proposed closure of the UK operations.

Next Steps

The company will temporarily suspend bookings while the consultation process is underway. Once the consultation has been completed, a final decision will be made regarding the closure of the UK operations.