Volkswagen New Beetle 2003 Front Right Strut Assy [4750100] on 2040-parts.com

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.

Skoda Citigo (2011) first official pictures of Skoda's Up

It's all about economies of scale these days, so don't be surprised that Skoda's whipped the covers off its take on the new Up city car just days after Volkswagen unveiled its own at Frankfurt. The new Skoda Citigo (see what they did there?) is the Czechs' sixth model line and will go on sale in UK dealers in summer 2012. Skoda Citigo: the lowdown The four-seater Citigo naturally shares most of its engineering DNA with the Up.

GM recall shows NHTSA failings too

Ever since General Motors recalled 1.6 million of its cars globally over a decade-old defect that could cut off engines and deactivate airbags in a crash, the automaker has been pointedly contrite. After all, its slow response may have cost some people their lives. So why have U.S.