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.

Toyota to Feature Safety Technology at Car Rental Show

During the International Car Rental Show's exhibit hours, Toyota’s booth will provide show attendees with a virtual reality experience of the technology’s safety features.

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Hyundai Launches Electric Carsharing Service in Amsterdam

Throughout the city, 100 Hyundai Ioniq Electric vehicles will be available for rent.

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DriveNow UK Reaches 1 Million Customers

DriveNow, the joint venture of the BMW Group and Sixt SE, has surpassed the one-million customers mark in the U.K.

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FCA Recalls 470K SUVs, Sedans for Head Restraints

The recall includes more than 414,000 Jeep Liberty, Chrysler 200 and Dodge Avenger vehicles in the U.S. in the 2012 and 2013 model years.

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Avis Budget Expands Partnership With International Airlines Group

As part of the multiyear deal, Avis Car Rental and Budget Car Rental will be the only car rental brands available for booking through British Airways, Iberia, and Iberia Express. Aer Lingus will follow at a later date.

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CarHopper Raises $1.5M to Fund Expansion

CarHopper, a luxury vehicle rental booking platform, has closed $1.5 million in seed funding to fuel its launch into four new markets, including Los Angeles, Las Vegas, Miami, and San Francisco.

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Budget Costa Rica Uses Chatbot to Improve Digital Experience

With the help of EDNA, a technology startup focused on artificial intelligence, Budget Costa Rica has incorporated a Chatbot, which uses artificial intelligence to answer questions and take reservations in real time.

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Avis Iceland, Budget Lebanon Named Licensees of the Year

Avis Budget Group Inc. has selected Avis Iceland and Budget Lebanon as its Car Rental Licensees of the Year for Europe, the Middle East, and Africa.

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Eco Rent A Car Wins National Tourism Award

Eco Rent A Car received the National Tourism Award as the Best Ground Transport Company in India.

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Hurricane Replacement Still Boosting Used Vehicle Prices

The average price of used vehicles model years 2012-2016 fell 0.7% in September, with the lion’s share of that depreciation coming from the car segment, according to Black Book. As of September, all vehicles are averaging a 12-month depreciation of 14.5%.

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JUCY RV Rentals Appoints General Manager

In this newly created role, Hiron Menon will oversee all of JUCY’s U.S. operations and marketing functions.

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Hertz Giveaway Offers Chance to Win 1M Rewards Points

Hertz Gold Plus Rewards members can participate in the Great Gold Giveaway for a chance to win 1 million Gold Plus Rewards points. These points can be redeemed for up to four years' worth of free rental days.

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Ridecell Launches Autonomous Operations Platform

Ridecell Inc., a carsharing and ride-hailing provider, has announced the public availability of its autonomous operation platform as well as its acquisition of Auro, a developer of autonomous vehicle technology.

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Used Vehicle Prices Expected to Rise Until End of Year

Wholesale used vehicle prices rose 2.77% in September on a month-over-month basis, which drove Manheim’s Used Vehicle Value Index up 6.3% from a year ago to 134.9, marking five months of consecutive growth.

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Avis Budget to Announce Third Quarter Results

Avis Budget Group Inc. plans to report its third quarter 2017 results after the market close on Monday Nov. 6.

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Green Commuter Deploys Electric Carsharing Service in LA

Green Commuter has launched the first open all-electric carsharing service in Los Angeles. The vehicles are available to rent to the public through the Green Commuter app.

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September Commercial Fleet Sales Increase 25%

Sales of vehicles to commercial fleets from eight manufactures increased 25.7% to 51,112 in September units with strong sales in the truck category, according to Automotive Fleet data.

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Groupe PSA Launches Mobility Brand in Seattle

With the app, Free2Move allows users in Seattle to compare the location, characteristics, and operating costs of available transportation options, including offerings from car2go, Zipcar and TravelCar.

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Sixt Expands Miami Airport Location

Sixt has launched a newly-expanded space at its Miami Airport location. The location now has 10 customer service counters and other features include a new TV monitor system and an area to charge electronic devices.

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Southeast Airport Rates Up Due to Hurricanes

In September, airport rates in the southeast region were up $10.06 over last year, though Southwest rates (Houston) were up only $1.18.

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Leading Transportation Strategist to Keynote Fleet Forward Conference

Dr. Stefan Heck will address how the fleet industry is leading the way regarding vehicle autonomy, connectivity, electrification, and sharing.

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ELD Mandate: Is Your Head Still in the Sand?

If you think you have 11 weeks to implement an Electronic Logging Device system to meet the Dec. 18 compliance deadline, you really don’t — for a few reasons.

Who Controls Your Vehicles’ Data?

In the name of security, an automaker’s alliance is advocating denial of third-party access to the OBD-II port. Is this going too far?

A Shared Mobility Model Takes Shape for Fleets

Technology that allows cab drivers flexible access to a shared fleet is leveling the playing field for an 89-year-old taxi company.

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