Cars, Acquisition | featured news

Avis buying Zipcar in deal worth nearly $500M

Avis

Avis is buying Zipcar for $491.2 million, expanding its offerings from traditional car rentals to car sharing services.

 

Chinese Company to Buy Volvo

Chinese Company to Buy Volvo

Ford Motor reached an agreement to sell its Volvo subsidiary to a Chinese conglomerate for $1.8 billion.

 

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