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Avis buys Zipcar and grows car-sharing capabilities internationally

Zipcar, 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.

Citroën Survolt Francoise Nielly art car displayed at C_42, Paris

Citroën's C_42 building on Paris' world famous Champs-Elysées has launched its new exhibition season, with an art car version of its Survolt concept by French artist Francoise Nielly. The use of fluorescent paint in her oil and knife portraits was inspired by a childhood spent in Southern France, where she chased butterflies in the bright Mediterranean sun. Her work has, in turn, inspired Citroën's designers, who cite Nielly's work as the influence behind the vibrant color highlights on the Survolt.

Infiniti Etherea: Infiniti’s compact concept revealed in Geneva

Infiniti Etherea Concept Despite our gripes that Infiniti seem half-hearted about their entry in to Europe – certainly in terms of their reluctance to get the product under people’s noses –  we can’t argue they’re not developing their range to suit the European market. Good case in point is the introduction of diesel lumps across the range, although we find the new Infiniti M35h Hybrid potentially more appealing than the M30d (we’ve surprised ourselves there). And now we get a proper European-sized concept revealed in Geneva – the Infiniti Etherea Concept – which is a compact, pillarless, suicide door endowed 3-Series competitor with a 2.5 litre S/C lump connected to an electric motor and driven through a CVT ‘box.