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.

Avis Budget Continues to Increase Earnings, Reports $2.5B Q3 Revenue

Avis Budget Group Inc. has reported revenue of $2.5 billion for its third quarter 2014, a 6% increase compared to third quarter 2013. This is primarily due to a 6% increase in rental days and strong pricing in North America.

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Enterprise’s Ryan Johnson Participates in SXSW Eco Panel

Ryan Johnson, vice president of Enterprise CarShare, Rideshare and Zimride, discussed urban transportation in the SXSW Eco panel October 6-8 in Austin, Texas.

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car2go Launches in Brooklyn, N.Y.

The launch of car2go in Brooklyn marks the carsharing company’s first expansion in the New York area.

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What Rental Car Accommodates Dikembe Mutombo?

This is what happens when you’re 7 feet tall and don’t have a car rental reservation.

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Avis Partners with Luxury Home Club

Avis becomes car rental supplier for 3RD HOME, a reciprocal travel club for owners of luxury second homes.

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Jana Partners Ups Hertz Stake to 7%

Investment activist firm becomes Hertz's second-largest shareholder behind Carl Icahn.

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Length of Replacement Rental Increases to 11 Days

According to data gathered by Enterprise Rent-A-Car’s Automated Rental Management System (ARMS), the U.S. average length of replacement rental (LOR) increased to 11 days in the third quarter 2014, up 0.3 days from Q3 last year.

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Elio Passes First Phase for Department of Energy Loan

Elio Motors Inc.’s application for an Advanced Technology Vehicles Manufacturing (ATVM) loan has passed the initial review phase. Elio is seeking a $185 million ATVM loan to accelerate plans to begin production of its enclosed, three-wheeled vehicle.

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Enterprise Helps Governments Address Car Rental Traffic Violations

Enterprise Holdings has provided contact information for its service centers to more than 7,400 local governments who need to issue fines for car rental customer traffic citations.

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Zipcar Names Lincoln MKX After Matthew McConaughey

After the TV show “South Park” featured actor Matthew McConaughey driving a Zipcar car-sharing vehicle, Zipcar Boston has named its Lincoln MKX the “McConaughey.” The show pokes fun of McConaughey’s recent commercials with Lincoln.

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Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Can Leasing Work for High-Mileage Fleets?

“I run high miles on my vans, so leasing isn’t for me,” is a common refrain — from the uneducated small-fleet administrator.

Managing the Social Media Rant

How do you handle customer service when those Really Angry Customers now have a much bigger megaphone?

The Shape of ACE to Come

In an exclusive interview, Dick Radzis and Charlie Mullen talk about the sale of their corporate locations to Avis Budget Group, discuss the company’s plans for the ACE Rent A Car brand and more.

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