Avis to Acquire Car-Sharing Service Zipcar for $491 Million : News Photo

Avis to Acquire Car-Sharing Service Zipcar for $491 Million

A Bayerische Motoren Werke AG (BMW) Mini Cooper Zipcar Inc. vehicle sits parked in one of the company's spaces in Washington, D.C., U.S., on Wednesday, Jan. 2, 2013. Avis Budget Group Inc., once a skeptic about car sharing services, agreed to buy short-term rental pioneer Zipcar for $491 million, signaling a shift in the industry to embracing drivers who don’t want to own cars. Photographer: Andrew Harrer/Bloomberg via Getty Images
Caption:
A Bayerische Motoren Werke AG (BMW) Mini Cooper Zipcar Inc. vehicle sits parked in one of the company's spaces in Washington, D.C., U.S., on Wednesday, Jan. 2, 2013. Avis Budget Group Inc., once a skeptic about car sharing services, agreed to buy short-term rental pioneer Zipcar for $491 million, signaling a shift in the industry to embracing drivers who don’t want to own cars. Photographer: Andrew Harrer/Bloomberg via Getty Images
Calculate priceView cart
Date created:
January 02, 2013
Editorial #:
158874761
Restrictions:
Contact your local office for all commercial or promotional uses.For editorial use only. Additional clearance required for commercial or promotional use, contact your local office for assistance. Any commercial or promotional use of Bloomberg content requires Bloomberg's prior written consent.
License type:
Rights-managedRights-managed products are licensed with restrictions on usage, such as limitations on size, placement, duration of use and geographic distribution. You will be asked to submit information concerning your intended use of the product, which will determine the scope of usage rights granted.
Photographer:
Bloomberg / Contributor
Collection:
Bloomberg
Credit:
Bloomberg via Getty Images
Max file size:
3,000 x 2,000 px (41.67 x 27.78 in) - 72 dpi - 1.25 MB
Release info:
Not released.More information
Source:
Bloomberg
Object name:
AVIS ZIPCAR

Keywords

This image is subject to copyright. Getty Images reserves the right to pursue unauthorized users of this image or clip, and to seek damages for copyright violations. To learn more about copyright and Getty Images’ enforcement program, click here. Availability for this image cannot be guaranteed until time of purchase.
A Bayerische Motoren Werke AG Mini Cooper Zipcar Inc vehicle sits... News Photo 158874761BMW,Business,Car,Car Rental,Commercial Activity,Finance,Horizontal,Land Vehicle,Merger,Mini,Mode of Transport,North America,Rent,Sitting,Space,Stationary,The Americas,Transportation,USA,Washington DCPhotographer Collection: Bloomberg 2012 BloombergA Bayerische Motoren Werke AG (BMW) Mini Cooper Zipcar Inc. vehicle sits parked in one of the company's spaces in Washington, D.C., U.S., on Wednesday, Jan. 2, 2013. Avis Budget Group Inc., once a skeptic about car sharing services, agreed to buy short-term rental pioneer Zipcar for $491 million, signaling a shift in the industry to embracing drivers who don’t want to own cars. Photographer: Andrew Harrer/Bloomberg via Getty Images