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GM sees new Impala appealing more to buyers than renters

DETROIT (Reuters) - General Motors Co <GM.N> expects the new version of the Chevrolet Impala to lure more retail buyers, allowing the automaker to ditch the large car's image as king of the car rentals, a top company official said on Monday.Full story

Wireless Tech Lets Smartphones Unlock Rental Cars

Ever wanted to unlock a rental car wirelessly? It's a wondrous thing to ponder in this, the 20th anniversary year of the remote-control key. At this week's Mobile World Congress in Barcelona, Continental Corp., the inventor of the remote key for cars, is demonstrating a system that essentially downl Full story

Avis Budget to buy Zipcar for $500 million

(Reuters) - Car rental company Avis Budget Group Inc <CAR.O> said it will buy U.S. car-sharing company Zipcar Inc <ZIP.O> for about $500 million in cash. Full story

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  Car rental shortage hits the Northeast

Just in time for Thanksgiving travel, rental car companies are facing a shortage after thousands of cars were damaged in Hurricane Sandy. NBC’s Brian Williams reports.

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Cypriot Petsas, owner of a car rental company speaks during an interview with Reuters in Nicosia
Cypriot Petsas, owner of a car rental company speaks during an interview with Reuters in Nicosia

Cypriot Christakis Petsas, owner of a car rental company, speaks during an interview with Reuters in Nicosia March 28, 2013. Petsas counts the cost of the turmoil in Cyprus in terms of cars - 40 of them, stuck at the port in the coastal town of Limassol and costing him 800 euros a day in lost earnin

A sign marks a reserves Zipcar parking space in Cambridge
A sign marks a reserves Zipcar parking space in Cambridge

A sign marks a reserves Zipcar parking space in Cambridge, Massachusetts January 2, 2013. Car rental company Avis Budget Group Inc will buy Zipcar Inc for about $500 million in cash to join larger rivals Hertz Global Holdings Inc and Enterprise Holdings Inc in the fast-growing U.S. car-sharing marke

A Zipcar vehicle sits in a parking space in Cambridge
A Zipcar vehicle sits in a parking space in Cambridge

A Zipcar vehicle sits in a parking space in Cambridge, Massachusetts January 2, 2013. Car rental company Avis Budget Group Inc will buy Zipcar Inc for about $500 million in cash to join larger rivals Hertz Global Holdings Inc and Enterprise Holdings Inc in the fast-growing U.S. car-sharing market.