auto sale

Zipcar Independent No More: Avis to Acquire Car-Sharing Company for $500 Million

Zipcars Available in New York City

When Betabeat thinks of rental car companies, we think of long lines, oil-stained garages and exorbitantly-priced insurance that we don’t really need. (Do we?) When we think of car-sharing companies, we think of gleaming new Prius’s and smart technology. Which might be one good reason why Avis Budget Group agreed to acquire Zipcar for $500 million in a deal announced earlier this morning. Read More

Baby I Can Drive Your Car

Pimp My Ride: RelayRides Rolls Out an OnStar Partnership

Oh, for an old-media expense account!

Well, here’s one way to cover the exorbitant cost of a parking space in New York City: peer-to-peer car-sharing marketplace RelayRides just announced a big partnership with General Motors and OnStar, meant to make it easier for drivers to rent out their idle vehicles, Airbnb-style.

That is, if you can convince yourself to trust a complete stranger with your car.

RelayRides announced today that OnStar subscribers can now leverage the system to make renting out their cars simpler. Renters will be able to unlock OnStar-equipped cars using only their mobile phones, a.k.a. the one device most of us are practically guaranteed never to lose. Read More