Hoboken introduces car-sharing on city streets

Hoboken, New Jersey, this spring launched Corner Cars, a program that places car-sharing vehicles in special bright green parking spots on the streets — typically one every few blocks. Connect by Hertz is paying the city $100 a month for each on-street parking spot reserved for its vehicles.

In a city where it's often difficult to find an unoccupied parking space, it’s hoped that the program will lead some car owners to give up their vehicles, now that short-term rentals are widely available. In other cities, said The New York Times, studies have shown that “for every car that can be rented by the hour, 6 to 20 drivers have liked the experience so much, they’ve given up the car they owned.” Visit the New York Times article here.