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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.

Essex boost for car loving home buyers

An Essex council is to make garages and drives bigger on new homes For most of the last decade the UK Government has waged a war on the motorist. Endless speed cameras, which are in reality just tax-raising  machines and have little to do with road safety; never-ending fuel tax rises; congestion charging; spiralling parking charges; road-charging schemes and the only coppers you see have a speed gun so non-speeding untaxed and uninsured drivers never get caught -  pushing up costs for the rest of us. But one of the most stupid, head-in-the-sand policies was the idea that new houses should encourage people to forsake their cars by making garages too small and off-street parking almost non-existent.

Mitsubishi Prototype-S (2008): first official pictures

By Ben Pulman First Official Pictures 26 February 2008 12:41 Welcome to the new Mitsubishi Lancer Sportback. Although this concept is badged Prototype-S, this is the five-door version of the latest Lancer, and it will be launched in autumn 2008. The concept, which will be shown at next week's Geneva Motor Show, is powered by the 237bhp turbocharged 2.0-litre from the Lancer Ralliart.