Zipcar buy is no surefire win

Avis’ logic is that its weekday business will be complimented by ZipCar’s weekend traffic. That may be flawed thinking. By Doron Levin, contributor FORTUNE — Avis Budget Group Inc.’s decision to spend $500 million, or $12.25 a share, to buy...

Detroit Three End 2012 With a Bang

Thankfully the world didn’t end last month like Mayan soothsayers erroneously predicted centuries ago. Clearly prophecy wasn’t their major at Yucatan Community College. From an automotive perspective, the year-end news was quite good, with the Detroit Three each...