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Avis buys Zipcar and grows car-sharing capabilities internationally
Wed, 02 Jan 2013Zipcar, a car-sharing company that specializes in renting cars by the hour or day, announced Wednesday it will be acquired by Avis Budget for $491 million, or $12.25 a share. The action will help Avis compete against Hertz Global Holdings, which became the world's second largest car-rental company in 2012 following its purchase of Dollar Thrifty car-rental company for $2.6 billion, according to a Bloomberg report. “By combining with Zipcar, we will significantly increase our growth potential -- both in the U.S.
You can make Benz payments on your iPhone
Thu, 08 Oct 2009For our young readers, this may seem like nothing. But for the more mature set, here's a new function for your iPhone or iPod Touch--you can make the payment on your Benz. Mercedes-Benz Financial has launched its iPhone app, just three months after launching the pay-from-your-smart-phone project.
Jaguar F-Type Coupe glitzy L.A. debut video & photos
Thu, 21 Nov 2013Jaguar F-Type Coupe glitzy L.A. debut Jaguar promised the new F-Type Coupe would get a proper high-profile reveal on the eve of the Los Angeles Auto Show, and they certainly delivered. Jaguar’s design guru – Ian Callum – had told Jaguar’s PR people that he wanted the debut to be at speed, and that was achieved by driving the F-Type Coupe in to a specially prepared warehouse in California at 100mph, cutting a swathe through a series of sharp spotlights as the F-Type arrived in the arena.