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Zipcar and Avis are Shacking Up but Not Shaking Down

At this point you probably have heard about Zipcar. They’re the car sharing business where you can get a car where and when you need it, charged by the hour, and they take care of all the tricky stuff like insurance, parking, and maintenance. In recent years Zipcar has enjoyed plenty of positive attention from travelers and those just looking to skip town for the weekend, and apparently the big rental car giants were listening.

Once such rental car company is Avis, as they just threw done almost $500 million to gobble up Zipcar along with its cars, ideas, and image. The changes and integration will probably be slow to start, so no need to be nervous that your beloved Zipcar will be changing for the worse.

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