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.
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.
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.
The Hertz Corp. has been chosen as the preferred car rental company of Peter Cooper Village and Stuyvesant Town (PCVST) in New York City, offering Hertz 24/7 service and Hertz ExpressRent Kiosks.
Corporate United, a provider of managed supplier and contract solutions, has launched a new car rental program for its members through National Car Rental and Enterprise Rent-A-Car brands.
Launching in Paris today, Zipcar has expanded its car-sharing service to France. Zipcar currently operates in the European countries of Spain, the U.K. and Austria.
U.K.-based Transport Broker Group has expanded its wedding rental car service internationally through its new website.
Avis New Zealand was recognized as the “Best Rent A Car Operator” at the Travel Agents Association of New Zealand (TAANZ) awards event.
car2go North America LLC has acquired RideScout LLC, a app-based mobility platform that allows users to search and compare ground transportation options.
Hertz and Live Nation have launched a new promotion that provides customers a discount on car rentals and Ticketmaster Ticket Cash through Oct. 31.
National Car Rental will be adding several new 2015 models to Emerald Aisle locations nationwide, including the 2015 VW GTI, Chrysler 200 and Dodge Challenger.
The Auto Rental News website features a white paper promoting WTP Advisors’ like kind exchange (LKE) program.
The recall, first reported last month, affects 133,227 2013-2014 model-year Escape and Focus ST vehicles in the U.S.
Hertz plans to add three candidates nominated by Carl C. Icahn, Hertz’s largest shareholder. Icahn has agreed to not run a proxy contest and to vote in favor of the Hertz’s nominees at the annual meeting.
In August, wholesale used vehicle prices (on a mix-, mileage- and seasonally adjusted basis) declined 0.7%, the fourth consecutive monthly decline, according to Manheim Consulting. ADESA also saw a decrease in wholesale used vehicle prices — down 0.4% compared to August 2013.
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