Avis gives Zipcar a faster lane to profitability

Source: REUTERS/Mike Segar


The Zipcar.com logo is seen on a Mini Cooper car during a promotional event in New York's Times Square April 14, 2011. Zipcar Inc, a U.S. car-sharing service raised some $174.3 million with their IPO on the NASDAQ Wednesday with shares pricing at $18 each under the symbol (ZIP). REUTERS/Mike Segar