Hertz Withdraws Guidance, Shares Fall

Hertz Global Holdings saw increasing rental activity in the second quarter, and found itself short on vehicles because of the increased number of recalls by the automakers, the company said Tuesday.

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Minivans Lead July Used Vehicle Price Decline

According to ADESA Analytical Service’s July analysis, prices declined between June and July for virtually all model classes. Minivans and mini SUVs were hit the hardest, with price declines of 5.7% and 3.8%, respectively.

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Lyft Launches Shared Route Program

Lyft has launched Lyft Line, a shared ride program. For up to 60% less than an original Lyft ride, the Lyft app will connect you with a ride already going the same route.

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Arizona University Gets Zipcars

This fall, the University of Arizona will offer six Zipcar car-sharing vehicles for students and staff.

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Enterprise Expands in Nashville

Enterprise Holdings’ local $21 million economic impact growth strategy includes adding more than 250 employees to support the opening of as many as four new rental locations in Nashville in the next year.

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Hertz, Navigation Solutions Create Travel App

The Hertz NeverLost Companion mobile app offers trip planning and navigation for millions of U.S. destinations via the in-car navigation system.

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Emerald Club Offers Low-Mileage Rentals

In order to provide vehicles with less than 20,000 miles, National Car Rental’s Emerald Club Scorecard specifically tracks mileage at “Emerald Aisle” locations.

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Avis Honored by Women Travel Association

Avis Budget Group Inc. has received the Association of Women Travel Executives’ (AWTE) Company Award for its commitment to gender equality.

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Top 10 Stolen Vehicles Named

Honda's Accord and Civic continue to top the list of most stolen vehicles in the U.S., even as auto thefts have fallen significantly from their peak in the early 1990s following the wider adoption of engine immobolizers.

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Wiring Issue Prompts Ford Focus, Escape Recall

The recall affects more than 159,000 2013-2014 model-year vehicles.

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