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.

Hertz Reports $1.5B in Rental Revenue for Fourth Quarter

In addition to releasing its rental revenue for fourth quarter 2014, Hertz Global Holdings Inc. also announced 21% of its new fleet was delivered and review and investigation of its financial records are ongoing.

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Rental Car Industry Joins NHTSA in Support of Safe Rental Act

At a press conference last week, the American Car Rental Association (ACRA) joined U.S. Transportation Secretary Anthony Foxx and National Highway Traffic Safety Administrator Mark Rosekind in support of passing legislation that would require rental car agencies to fix safety defects before renting vehicles subject to a recall.

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January Used Vehicle Prices Up Year-Over-Year, Month-to-Month

Average wholesale used vehicle prices rose significantly in January on both a month-over-month and year-over-year basis — up 3.6% compared to December and up 2.4% relative to January 2014, according to ADESA Analytical Services‘ monthly analysis of wholesale used vehicle prices.

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Sixt Opens Location at Dallas Airport

Sixt SE and Sixt rent a car USA LLC have opened a new car rental branch inside Dallas/Fort Worth International Airport’s Rental Car Center. This is Sixt’s second location in Texas.

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Enterprise Rent-A-Car Expands into Denmark

Continuing its expansion into Europe, Enterprise Rent-A-Car has launched in Denmark through a joint venture between two Danish businesses: Nordania Leasing and Semler Group.

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Sixt Launches in Kuwait

Sixt Rent a Car has expanded its international car rental network in the Middle East to include Kuwait, with locations at the Kuwait International Airport and Kuwait City.

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Britain’s LiftShare Releases Mobile App

Liftshare.com, a ride-sharing network in Britain, has launched its mobile app on Apple devices.

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Sixt Adds Two Members to Managing Board

Sixt SE’s supervisory board has added two new members to its managing board: Alexander Sixt and Konstantin Sixt.

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Iceland’s Blue Car Rental Offers Free Rental Day

As part of Blue Car Rental’s new promotion for 2015, travelers who rent a vehicle for seven days will receive the eighth day for free.

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ADESA Exits Multi-Platform Online Auction Initiative

ADESA will not participate in an automotive remarketing industry initiative to establish a platform that would allow simultaneous bidding on vehicles listed on multiple online auction sites.

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

6 Growing Transportation Problems - and Potential Solutions

They may not affect car rental today, but they will. Will you be part of the solution?

Are 4x4 Pickups Worth the Extra Cost?

Fuel economy numbers, resale data and fleet use data dispel some commonly held beliefs when it comes to four-wheel drive pickups versus their two-wheel drive counterparts.

Dangerous Precedent in Airport Negotiations

Some concession agreements now include “loss-of-use recovery” toward gross receipts — essentially equating it to revenues.

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