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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.

BMW 4-series configurator goes live

The configurator for the 2014 BMW 4-series is live at www.bmwusa.com. Potential buyers can check out the new coupe and flip between 12 colors, two engines and three main trim levels. We first saw the BMW 4-series concept in Detroit back in January and we took a deeper look in June.

Infiniti shows image of Q30 concept car before 2013 Frankfurt motor show reveal

Infiniti has just released photos of its highly anticipated Q30 Concept, which will be shown to the public at the 2013 Frankfurt motor show. Even though it may be hard to tell from the photos and sketches which size category this concept car belongs in, the Q30 moniker places this car in a rather compact segment. Designing the Q30, Infiniti says it has tried to blend the features of a coupe, a hatch, and a crossover.