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2011 New York auto show: Day 1 wrap-up

Day one of the 2011 New York auto show is in the bag, and If you haven't been following our coverage, here's a look at what the autoweek.com editors and contributors enjoyed on Wednesday. Want even more? Follow us on Twitter for the very latest from the show floor, and the afterparties.

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.

New Jaguar XJ: The Paris video

Jaguar has produced a moody video of the new XJ in Paris Lucy Jordan lamented that she’d ‘Never ride through Paris in a sports car with the warm wind in her hair’. But if she ever had (apart from in her imaginings) she’d have realised it is – as many romantic notions are – a bit of a ‘mare. Smelly, noisy, uncomfortable and rather bad for your car’s paintwork.