Rental car company Avis Budget Group announced a new partnership with red hot ride-sharing company Lyft that will let Lyft drivers who don't own their own cars reserve them.
The CEO of Avis Budget Group, which also owns car sharing company Zipcar, told CNNMoney that there is still demand for traditional rental cars -- even at a time when ride-sharing services Uber and Lyft are all the rage.
A move by President Donald Trump to impose tariffs on cars assembled in Europe would dramatically escalate trade tensions and produce a quick response from the European Union.
Tesla has come roaring back as Wall Street bets the company will meet (and maybe even surpass) its lofty production goals for the new Model 3. The stock's surge is vindication for CEO Elon Musk following some bizarre behavior lately.