Car & Truck Rental News

Browse the latest breaking news across the automotive rental industry covering fleet acquisition, remarketing, rental software, GPS & telematics, fleet insurance and financing, rental operations, risk management, technological innovations and shifting market conditions.

Enterprise Ends Europcar’s License to Operate National, Alamo Brands

Enterprise Holdings has terminated the Master License Agreement that Europcar held to operate the National Car Rental and Alamo Rent A Car brands throughout Europe, Middle East and Africa (EMEA).

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Avis Announces Management Changes, Combining Operating Regions

Avis Budget Group Inc. plans to combine its three operating regions into two, the Americas and International. This realignment will take effect on Jan. 1, 2015, in connection with several management changes.

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U.S. Car Rental Industry Achieves Record Revenue

The U.S. car rental market is expected to achieve a record total revenue of $26,127 billion in 2014.

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Car Rental Show Announces Opening Keynote Panel

The blue-ribbon panel will discuss the key drivers of today’s auto rental market, from the perspectives of the major companies, an independent and an auto manufacturer.

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Los Angeles, San Francisco File Lawsuit Against Uber

Prosecutors in California have filed a lawsuit against Uber’s ride-sharing service, saying its unlawful business practices are in violation of California Business and Professions Code sections 17200 and 17500.

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Low Gas Prices Contribute to Strong SUV, Luxury Vehicle Prices

According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices by Vehicle Model Class, wholesale used vehicle prices in November averaged $9,862 — up 1.8% compared to October and up 1.1% relative to November 2013. Additionally, SUVs and luxury cars had strong month-over-month gains.

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Car2go Reaches 1M Members Worldwide

In honor of reaching one million members, car2go has revealed its user behavior data from its 60 locations worldwide, including over 32 million trips taken since car2go’s launch.

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Avis Named Rental Car Provider for Inspirato Luxury Club

Avis has announced that it has signed a new, multi-year partnership agreement with luxury destination club Inspirato. Under the partnership, Avis has been named Inspirato's exclusive rental car provider.

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Pittsburgh Hertz Underpaid Rental Car Taxes

The Hertz location at Pittsburgh International Airport underpaid $435,777 in county rental taxes and owes an additional $207,530 in penalties and interest, according to an audit by the Allegheny County controller’s office.

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Zimride Partners with Food Bank in December

Partnering with SF-Marin Food Bank, Zimride by Enterprise is donating $1 for every ride posted during the month of December.

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5 Predictions for Car Rental in 2015

Next year’s mechanics hinge on plentiful new car supply and a softening used car market.

Premieres and Trends at the LA Auto Show

The 2014 Los Angeles Auto Show featured less green-speak and more driving excitement aimed at younger buyers. Get ready for more compact crossovers, as Mazda, Honda, Fiat, Volkswagen and Scion launch brand-new models next year.

Hertz’s Earnings News: Rapid Reaction

Hertz will be on an accelerated buying and selling schedule in the next six months. How might that affect the market?

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