Avis Acquires Zipcar: What Are the Implications?

In a sign of the increasing market for car-sharing, Avis car rental is expected to purchase Zipcar today for a tidy $500 million. With the acquisition, the car rental giant will begin offering short-term car rentals, as have competitors Global and Enterprise.
Avis today purchased Zipcar. Good news, or bad? Photo: Dallas Morning News
Car-sharing has the [...]

Source: http://dc.streetsblog.org/2013/01/02/avis-acquires-zipcar-what-are-the-implications/

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