Tracey Zhen. Photo: Suzanne Kreiter/The Boston Globe via Getty Images

Zipcar, the world's largest car-sharing network, is preparing for the day that consumers don't have to walk to find their shared rental car, but instead it comes to find them.

The big picture: Zipcar is the original auto-industry disruptor, giving customers on-demand access to vehicles as a viable alternative to car ownership. But the 19-year-old company faces competition from new mobility services including peer-to-peer car-sharing networks like Turo — and even driverless taxis some day.

But it has 3 advantages the newcomers lack, Zipcar president Tracey Zhen tells me:

  1. Years of experience with fleet management. Zipcar knows how to match supply and demand, and can quickly reposition cars where they're needed.
  2. Strong customer loyalty through its subscription-based model. Rivals need to find, acquire and keep new customers.
  3. Trusted partnerships with city leaders. Transportation is a local issue, so collaboration is important.

Why it matters: All that experience will be important in an AV world, she says. The vehicle use cases won't change, even if there's no one behind the wheel.

Go deeper

Dion Rabouin, author of Markets
16 mins ago - Economy & Business

Americans' trust in the Fed keeps falling

Data: Axios/Ipsos poll; Note: ±3.3% margin of error; Chart: Axios Visuals

Americans' trust in the Federal Reserve fell again in October, with just 34% saying they have a fair amount or a great deal of trust in the central bank in the latest Axios/Ipsos poll.

What's happening: While trust in the Fed rises with age, income level and among those who say they know more about the institution, there was not a single group where even half of respondents said they trusted the Fed.

Updated 50 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Politics: Trump calls Fauci a "disaster" on campaign call.
  2. Health: Coronavirus hospitalizations are on the rise — 8 states set single-day coronavirus case records last week.
  3. States: California to independently review FDA-approved coronavirus vaccinesWisconsin judge reimposes capacity limit on indoor venues.
  4. Media: Trump attacks CNN as "dumb b---ards" for continuing to cover pandemic.
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USA Today breaks tradition by endorsing Joe Biden

Photo illustration: Aïda Amer/Axios. Photo: Win McNamee/Getty Images

USA Today, one of the largest newspapers by circulation in America, gave Joe Biden its first-ever presidential endorsement on Tuesday.

The big picture: A slew of media companies are endorsing a candidate this year for the first time ever, citing the unprecedented nature of this election.