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The Plot Thickens in Car Rental as Avis Buys Payless
2013-07-18 14:36:24| AutomotiveDigest.com - Automotive Industry News
Acquisitions continue to ricochet through the car rental business. Avis just bought Payless Car Rental to give it a competitive edge in discount car rentals. Avis is also competing for market share, and witnessed Hertz achieve regulatory approval recently for its $2.3 billion purchase of Dollar Thrifty Automotive Group. The Payless purchase price was only 10% what was paid for Zipcar Inc., the largest car sharing company, earlier this year. Car and ride sharing is now highly competitive with car rental giants as Avis, Hertz, and Enterprise take big strides forward in this niche The Article The Plot Thickens in Car Rental as Avis Buys Payless appeared first on Automotive Digest.
The Zacks Analyst Blog Highlights: POSCO, Avis Budget Group, Zipcar, United Rentals and Hertz
2013-02-15 11:25:06| Steel - Topix.net
Information contained on this page is provided by companies via press release distributed through PR Newswire, an independent third-party content provider.
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Avis Purchase of Zipcar Has Much to Say about Changing World of Ground Transportation
2013-01-07 21:15:36| AutomotiveDigest.com - Automotive Industry News
The changing landscape of transportation got more interesting in this new year with the announcement that rental car giant Avis is buying the largest car sharing company, Zipcar, for $491.2 million. Zipcar started up in 2000 and has seen slow growth in this niche industry where more major competitors have been entering in recent years. Zipcar now [...]The Article Avis Purchase of Zipcar Has Much to Say about Changing World of Ground Transportation appeared first on AIN Media.
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Avis Purchase Of Zipcar A Significant Move In The Changing World Of Transportation
2013-01-04 05:50:46| AutomotiveDigest.com - Automotive Industry News
The Article Avis Purchase Of Zipcar A Significant Move In The Changing World Of Transportation appeared first on AIN Media.
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Avis Purchase of Zipcar a Significant Move in the Changing World of Transportation
2013-01-04 04:41:06| AutomotiveDigest.com - Automotive Industry News
The changing landscape of transportation got more interesting in this new year with the announcement that rental car giant Avis is buying the largest car sharing company, Zipcar, for $491.2 million. Zipcar started up in 2000 and has seen slow growth in this niche industry where more major competitors have been entering in recent years. Zipcar now has 760,000 members and competes with car rental majors Hertz (Hertz On Demand) and Enterprise Holdings (Enterprise CarShare), along with a few major automakers; Ford Motor Co. announced a partnership last year that brought hundreds of Ford Focus models to campuses around the country....The Article Avis Purchase of Zipcar a Significant Move in the Changing World of Transportation appeared first on AIN Media.
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