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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.

New Mercedes BLS leaks

Mercedes BLS - Leaked image from a Mercedes plant in Hungary There is no doubt that the 2011 Mercedes B-Class will arrive at Frankfurt next month. We’ve had a raft of details from Mercedes and even a set of interior photos of the new B-Class to tease its imminent arrival. What we don’t know is just how extensive the debut at Frankfurt is going to be.

Cars, planes--and one flying car--at Pacific Coast Dream Machines show

There's a pretty good chance that most car guys are also airplane guys, and vice versa. The organizers of Pacific Coast Dream Machines have known this for the last 20 years. So each April they gather a fine collection of both at the airport at Half Moon Bay, Calif., and open the gates.