BANGALORE (Reuters) - Ford Motor Co said it partnered with Zipcar Inc to supply its vehicles to the car-sharing company's core customer base at more than 250 university campuses throughout the United States.
Zipcar is a leader in car-sharing services that allow customers to rent cars at an hourly or daily rate. Customers need to pay an annual membership fee as well.
The company's shares were up 10 percent at $22.48 in premarket trading on Wednesday.
