All posts tagged "Avis Budget"

  • News
    Auto Europe to Act as Mediator in Avis v Affordable $2.2m Lawsuit

    Auto Europe, which is in discussions with Affordable Car Hire over a possible merger, has agreed to...

  • News
    Avis Budget to Buy Zipcar for US$500m

    Avis Budget Group is to buy smaller rival Zipcar for US$500 million in cash. The move will allow Avis Budget to enter the fast-growing US car-sharing market. The offer of $12.25 per share is at a premium of 49% on the Zipcar share price at the close of trading on Monday. “We...

  • News
    US Car Rental Companies Support New Legislation

    Hertz, Enterprise Holdings, Avis Budget and Dollar Thrifty have all agreed to support US legislation banning the renting of recalled vehicles, as has the American Car Rental Association. While car dealers are prohibited from selling a recalled automobile, rental car companies are not barred from renting or selling one. The new Senate...