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Stock Market & Financial Investment News

News Breaks
January 2, 2013
06:44 EDTCARAvis Budget says demand has been robust since Hurricane Sandy in N.A.
In North America, says demand has been robust since Hurricane Sandy. Says leisure pricing has benefited from pricing actions and fleet tightness, says used car market has been solid. Says International and Truck Rental operations have been performing as expected.
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August 25, 2015
16:26 EDTCARZipcar acquires fleet management firm Local Motion
According to a message posted on the Local Motion website, Avis Budget's Zipcar has acquired the fleet management startup. "Zipcar and Local Motion have a lot in common. We share a commitment to provide an exceptional experience for our users and we see car sharing as the future of mobility," reads the Local Motion website. Terms of the transaction were not disclosed. Reference Link

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