- VEHICLES & DRIVERS
- GET INVOLVED
Avis Budget Group, Inc. (NASDAQ: CAR) and Zipcar, Inc. (NASDAQ: ZIP), the world's leading car sharing network, today announced that Avis Budget Group has agreed to acquire Zipcar for $12.25 per share in cash, a 49% premium over the closing price on December 31, 2012, representing a total transaction value of approximately $500 million. The transaction is subject to approval by Zipcar shareholders and other customary closing conditions, and is expected to be completed in the spring of 2013.
The 2012 Eco-Rally logistics team will be using Zipcars and Zipvans for all essential rally support and representatives from Zipcar will be on hand at the start and finish lines to answer any queries. Joining a car club means having means saving money and emissions. A typical Zipcar member saves £3,162 per year vs. owning their own vehicle.
Westminster City Council has partnered with Zipcar to give members access to shared cars parked across the city. Each Westminster Car Club vehicle aims to remove 15-20 privately-owned vehicles from the road, meaning less emissions and less parked cars. Member benefits include free fuel, free insurance and no congestion charge. There is an extensive range to choose from including the new Vauxhall Ampera. As most trips taken by Zipcar members are under 35 miles they could be completely free from tail-pipe emissions.
Joining a car club means having means saving money and emissions,. A typical Zipcar member saves £3,162 per year vs. owning their own vehicle. Car club models available in the UK emit 20% less CO2 per kilometer than the average British car. In the US, 10% of the population is expected to adopt car sharing as their primary mode of transportation. Millions of people saving billions of gallons of gas and oil. Factor in the savings and you've got an economic revolution.
Along with plenty of excitement and an incredible atmosphere, the Olympic Games will bring thousands of visitors to London and the UK. This means the transport system will be extremely busy so it’s important to plan and book your journey well in advance.
With the summer-term breaks getting underway, millions of families across the UK are preparing to pack up and get set for long car journeys as they hit the road on holidays. More...
Diesel? Hybrid? Electric? Petrol? There are lots of options when it comes to choosing the most environmentally friendly car. That's why Start have created an interactive tool that aims to provide a rough guide to the best choices for you - taking into account how much you drive, how far and much more.
Revealing research shows that millions of male motorists will happily swap their stereotypical driving music for 'chick hits'... when on their own in the car. One in five men confessed that when alone in their vehicle they enjoy nothing more than singing along to a bit of Shirley Bassey, WHAM! or Take That. And 71% even admit to enjoying a bit of false falsetto (such as the bee gees Stayin' Alive) while waiting for the lights to change.