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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.

Audi launches showrooms without cars in London

Audi has opened its first digital showroom in London – Audi City – a fully digital showroom for Audi’s entire range near Piccadilly Circus. It’s something of a dilemma for car makers; how to sell their cars in a world that now revolves around the internet and digital access? Traditional car showrooms seem very last century, but choosing a car from a screen at home is still something many are reluctant to do.

College Exhibition: Pforzheim Design Forum 2006

The biennial Design Forum at Pforzheim Hochschule in Germany took place last week, with six international design schools joining together to present and discuss the latest work of their students. The Forum is held in conjunction with the annual summer degree show at Pforzheim where Diploma and Masters students presented their work. The Forum was chaired by Professor James Kelly who welcomed the tutors and their accompanying students to the event.