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car2go Usage Increases 40% in First Half 2017

car2go currently offers Mercedes-Benz vehicles in eight of its 11 North American locations....

Usage of car2go increased by 40% year-over-year in the first half of 2017 compared to the first half of 2016 across all 11 of the service's North American locations. Among car2go's locations, New York, Toronto, and Vancouver have experienced the fastest year-over-year membership growth.

Perfect Price Launches Car Rental Pilots

Michael Kane has been named to Perfect Price's advisory board.

Perfect Price, the artificial intelligence company for pricing, has announced four rent-a-car pilots and a goal of 10 active pilots globally by the end of September. Additionally, Michael Kane has been named to the company’s advisory board.

Hertz Reports Net Loss of $158M

Photo courtesy of The Hertz Corp.

For the second quarter 2017, Hertz Global Holdings Inc. has reported its total revenues as $2.2 billion, a 2% decline versus second quarter 2016. Hertz reported a net loss of $158 million, including $54 million of impairment charges.

Europcar Reports Revenue Up 10%

Photo courtesy of Europcar

In the first half of 2017, Europcar reported revenue of 1.028 billion euros — up 10.1% at constant exchange rates compared with the first half of 2016. Europcar's number of rental days increased to 30 million.

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Auto Focus

Chris Brown, executive editor of Business Fleet, Auto Rental News, and Fleet Forward, offers his...

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