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.

Top Chinese Rental Company Launches IPO

The Hertz Corp.’s car rental partner in China (China Auto Rental Inc.) has launched its initial public offering (IPO) on the Hong Kong stock exchange to help increase its rental fleet.

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Slower Growth for Brazil Travel Spending

Brazil's business travel spending is expected to grow 3.6% in 2014 and 4.1% in 2015, down from projections of 12.5% and 5.9%, according to the Global Business Travel Association (GBTA).

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UK Car Rental Search Engine Increases Database

U.K.-based Carrentals.co.uk, an online car rental price comparison company, has increased its number of rental locations in its database from 15,000 to 2.5 million.

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car2go Opens at Frankfurt Airport

car2go has expanded its car-sharing service to the Frankfurt Airport. Frankfurt is now car2go’s eighth city in Germany.

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Deadline Extended for Professional of the Year Awards

You now have an extra week to submit nominations for the Auto Rental News Professional of the Year Awards. Deadline is now Sept. 26.

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Car Rental Show Announces Call for Papers

Do you have a great topic for a seminar, roundtable or speaker for the 2015 International Car Rental Show? Please email your ideas by Monday Oct. 6.

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Germond Named CEO of Europcar Group

Starting Oct. 1, Philippe Germond will officially take the CEO position at Europcar Group and will serve as a member of the board of directors of Europcar and Eurazeo.

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Hertz Appoints Icahn’s Nominees to Board

Hertz has appointed three new directors to the Hertz Board of Directors (Vincent J. Intrieri, Samuel Merksamer and Daniel A. Ninivaggi), which were nominated by Carl C. Icahn, Hertz’s largest shareholder.

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Richard Branson Invests in Sidecar

To help support its expansion nationwide, Sidecar — a San Francisco-based ride-sharing app company — has raised $15 million in funds from investors, including Virgin Group Founder Sir Richard Branson.

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Portland Tops August Airport Rental Rates

In August’s 50-city survey, rate quotes for the top 50 airports were down 4.7% from a year ago. The Northwest region had the highest rates, with Portland International Airport’s average quote at $75.52.

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

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