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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.
One Lap of the Web: The fabulous Lockheed Buick Electra, and how to change a tire
Tue, 25 Feb 2014-- Did you know Zagato once designed some concept cars for Volvo? Ah, there's nothing more romantic than that blend of Italian passion and Swedish melancholic efficiency. The first car came about in 1969 and was named the GTZ, and its obscurity might owe to being hidden in favor of more popular Zagato GTZs.
AutoGreenWash offers next generation of cleaning
Mon, 03 Feb 2014Looking for a way to keep your ride sparkling clean? Look no further. While researching unique ways to keep our cars spotless, we have found a rather cost effective setup -- as long as “cost effective” means the cost of a modest Dodge Dart.