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Mini takes to the field for London 2012

Although there’s no motorsport in the London 2012 Olympic and Paralympic Games, Mini will be making an appearance during the track and field events in the Olympic stadium. A fleet of three remote-controlled, quarter-scale Mini Cooper JCWs are charged with retrieving javelins, discus, shot and hammer, and will cover around 6000 metres per day while on duty. Each ‘mini Mini’ has a potential payload of 8kg, and will be operated by specially-trained ‘Games Makers’.

Avis buys Zipcar and grows car-sharing capabilities internationally

Zipcar, a car-sharing company that specializes in renting cars by the hour or day, announced Wednesday it will be acquired by Avis Budget for $491 million, or $12.25 a share. The action will help Avis compete against Hertz Global Holdings, which became the world's second largest car-rental company in 2012 following its purchase of Dollar Thrifty car-rental company for $2.6 billion, according to a Bloomberg report. “By combining with Zipcar, we will significantly increase our growth potential -- both in the U.S.

Saab says three new models are in the works

Saab says a new financial deal with Chinese companies Pang Da and Zhejiang Youngman Lotus gives it the cash to plan three new models. Saab's plan calls for: -- The 9-1, an entry-level car that has been known as the 9-2 until now. -- The 9-6 and the 9-7, which Saab says will be prestige vehicles.