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BMW prices M3

By Tim Pollard Motor Industry 25 April 2007 09:30 The new M3 will cost £50,625, BMW announced today. That's a hefty £8k more than before and brings the new coupe closer than ever to a basic Porsche 911 Carrera which is just under £60k. Deliveries in Europe begin in September and there is already a waiting list several months long.

Cycle or walk, charity urges parents

PARENTS could save a collective £2 billion a year if they ditched the school run and accompanied children to lessons on foot or by bicycle, says a transport charity. On average, each set of parents could reduce costs by £642 a year if they did not use their car to ferry their offspring to and from school, said Sustrans. Around 11 million journeys a day are made between home and school, while, on average, primary school children live 1.8 miles from school, which is a 25-minute brisk walk, or 15-minute bike ride.

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.