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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.
John Teller: Diesel truck mechanic, Olympian
Mon, 07 Oct 2013Sorting through the cable listings, trying to pick out which of the six million events to watch in the winter Olympics this February, you can be forgiven if you find the sheer volume overwhelming. Who knows the difference between the two-man luge and the biathlon? No one does, that's who.
Nissan 370Z Roadster hits UK
Thu, 14 Jan 2010The Nissan 370Z Roadster finally hits the UK It’s been nine months since Nissan launched the 370X Roadster from a tent in New York and, despite the promise that the 370Z Roadster would hit UK shores in September last year, it still hasn’t. But it’s close as Nissan have finally announced that orders for the 370Z Roadster are now being taken and the first UK cars will arrive in March. Only a year after the launch.