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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.
Nissan Leaf with advanced-driver assist to begin public road tests in Japan
Thu, 26 Sep 2013Nissan is about to begin testing advanced driver-assist systems in the real world, and a new Nissan Leaf is serving as the test bed for these technologies. This is all a part of Nissan's development of Autonomous Drive, a goal to achieve virtually zero fatalities in accidents involving its vehicles by the year 2020. Autonomous Drive can be said to be a further development of Nissan's Safety Shield, a system that has a 360-degree view around the vehicle that scans for risks and provides warnings to the driver, intervening automatically if necessary.
Honda S660 Concept revealed – the Honda Beat returns
Wed, 23 Oct 2013The Honda S660 Concept (pictured) will debut at the 2013 Tokyo Motor Show It looks like Honda is making a return to the Kei car with the arrival of the Honda S660 Concept ahead of the Tokyo Motor Show next month. The Kei class of car in Japan is small (less than 3.4 metres long) and comes with a raft of tax breaks for buyers, but despite it being designed just for Japan it’s gained a cult following round the world, and now the Honda Beat for the 21st century has arrived in the form of the S660 concept. The S660 Concept – it gets the required maximum 660cc Kei engine limit – is a mid-engined open top roadster that manages to deliver 64bhp from its 3-cylinder engine which, with a weight under 900kg, should be reasonably lively.