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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.
Mini Countryman (2010): first official pictures
Wed, 20 Jan 2010This is the Mini Countryman, the fourth addition to Mini’s range – after the regular three-door hatch, the Convertible and the Clubman – and also the first current-generation Mini to have four-wheel drive and four regular passenger doors. No, Mini says the Countryman is a crossover, and the four-wheel drive system – called Mini All4 – is an option. Think of the Countryman as a slightly bigger and more practical Clubman with a longer wheelbase than other Minis, four proper doors and a conventional lift-up rear hatch, but to make sure it looks a bit more butch Mini has given the Countryman a bigger, bluffer nose than its siblings.
Refreshed Looks Signal Arrival Of Updated Yaris
Tue, 22 Apr 2014HOT on the heels of its newly launched Aygo city car, Toyota has released the first details of its refreshed Yaris supermini. Scheduled to hit the showrooms this summer, the restyled car boasts an improved interior and better vehicle dynamics that its maker believes will position the car as one of the strongest contenders in the fiercely competitive supermini market. The Yaris follows the example of new Aygo, adopting a dramatic look that integrates a distinctive cross shape, centred on the front emblem, which separates the new-look upper and lower grilles.