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Avis Buying Zipcar for $500M

Car-sharing company's stock has been rising

(Newser) - Car renting meets car sharing? Avis Budget Group has agreed to buy Zipcar for around $500 million, the Wall Street Journal reports. Avis will pay $12.25 per share, a 49% premium over Zipcar's closing price Monday. Zipcar's stock has risen in recent months as car sharing grows...

Website Finds Others to Do Your Chores pairs doers with can't-be-bothereds

(Newser) - The Internet is often considered a time waster—now it can be a time saver, too. RunMyErrand is a Boston-based startup that has other people do your pesky chores for you, Mashable reports. A typical errand (grocery shopping or returning something to the store, say) costs less than $10. The...

Hertz Rolls Out Car-Share Plan

Eying Zipcar's success, rental giant will rent you a Prius for $10 an hour

(Newser) - Look out Zipcar—car rental giant Hertz is jumping into the auto-sharing fray with hourly rentals in New York, Paris, and London, reports the New York Times. Hertz Connect customers will pay from $50 to $1,500 annually to subscribe and have access to cars for as little as $8....

Hertz Muscles in on Zipcar's Car-Sharing Turf

Service, to launch in NYC and elsewhere, is most direct competition yet from a big player

(Newser) - Zipcar is about to get some competition, and it’s going to look familiar. Hertz is starting its own car-sharing business, which boldly apes Zipcar’s model, the Wall Street Journal reports. Customers of Connect by Hertz will be able to rent cars in New York, London, and Paris starting...

Car Sharing Rides $4 Gas to Increased Popularity

Zipcar catches on nationwide

(Newser) - With gas prices hovering around $4 a gallon, car sharing as an alternative to car ownership is finally gaining traction, reports Newsweek. Started 8 years ago, the best-known car-sharing company, Zipcar, rents communal vehicles by the hour or day. Both cost-efficient and eco-friendly, the company charges members about $10 an...

Car Sharing Firms to Merge

Zipcar and Flexcar to merge into 50-city, 5,000 car network

(Newser) - Car-sharing firms Zipcar and Flexcar will merge this week under the Zipcar brand, which has the largest network of the two. The firms, both 7 years old, rent cars by the hour, rolling gas, insurance, parking, and maintenance costs into a $7-$15 hourly rate and an annual membership fee. Cambridge-based...

New Tech Toys Boost Laptop, iPhone

iMuffs and laptop chargers ready for today's tech-lovers

(Newser) - Jetsons-style briefcases may not be folding into cars just yet, but today's go-getters need more than just an ol' laptop and iphone.  CNNMoney picks out tools for the entrepreneurs of today:
  1. iMuffs Bluetooth Headset:  Elegant cordless headphones that work with your ipod and cell phone to deliver topnotch

7 Stories
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