Avis To Purchase Zipcar
Published in
1 min readJan 2, 2013
2013 kicked off with major automotive news as Avis announced its plan to buy Zipcar for $500 million dollars in a deal expected to close this April. With over 760,000 members in the U.S, Canada, and UK, Zipcar is a leader in the expanding shared economy, and Avis’s purchase signals that de-ownership is indeed on the rise.
