Arctic Cat A 400 4x4 05 Rear Axle Right 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.

GM Korea doubles size of its design center

GM has invested $40million in its Korea Design Center, doubling the size of the facility. The expanded studio opened on 25 April, and will give improved support for both exterior and interior design. As well as more studio space, the upgraded facility now includes improved exterior modeling and 3D printing facilities, an outdoor viewing area with three turntables, and a virtual reality studio – the latter allowing design reviews to take place in real time with GM's network of nine other design centers in six other countries around the world.

Lowie Vermeersch resigns from Pininfarina

CDN has learned that Lowie Vermeersch has resigned from Pininfarina, where he was Design Director. According to our sources, the Belgian designer has left to pursue other as yet unnamed ventures in the design industry. Vermeersch has been at Pininfarina for the last 12 years, leading the design team that created the new Ferrari 458 as well as the Duettottanta and Sintesi concept cars.