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.

Flat Airport Rates Continue in October

After two months of significant rate quote increases over the previous year, airport rates for October were down $0.65 or about 1.5%, almost flat year-over-year. Rates turned down for the middle two weeks in October, but they were up again the last week of the month.

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2016 Auto Rental Summit: The Pictures Tell the Story

At a new venue and location near Orlando, the Auto Rental Summit welcomed car rental operators across the U.S. and overseas, including the United Kingdom, Brazil, Netherlands, and Canada.

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Ride Hailing Continues to Top Car Rental in Business Travel

According to the Certify SpendSmart Report for Q3 2016, ride hailing (Uber, Lyft) now accounts for 52% of total ground transportation transactions — taxi, car rental, and ride hailing — while car rental accounts for 36%. Ride hailing is up from 46% in Q2.

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Enterprise Truck Rental Opens First Location in Hawaii

Enterprise Truck Rental has opened its first location in Hawaii. The Honolulu facility carries cargo vans, pickup trucks, flatbeds, and small box trucks.

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Hertz to Hold Third Quarter Earnings Webcast

Hertz Global Holdings Inc. will host a live webcast discussion of its 2016 third quarter financial results on Tuesday Nov. 8.

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National Provides Complimentary Emerald Club Lounges

National Car Rental is now offering complimentary Emerald Club Lounges to travelers at select U.S. airports. Travelers will have access to free Wi-Fi, charging stations, and tablets and TVs.

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Pincars Car Share Launches in Virginia

Pincars Car Share has launched its carsharing service in downtown Richmond, Va., and also serves the Chesterfield area.

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Crossovers and SUVs Seeing Sharper Depreciation

Pricing for car and truck segments weakened heading into the fourth quarter, which is typical this time of year. Crossovers and SUVs led the way with the highest value decline last week — the full-size crossover/SUV segment fell 1.12%.

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Enterprise Inducted into Military Spouse Employment Partnership

This Department of Defense program addresses unemployment of military spouses by connecting them with more than 335 partner employers committed to recruiting, hiring, promoting, and retaining military spouses.

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Rate Pros Offers Rate Analysis, Pricing Program

Rate Pros assists car rental companies by assigning a revenue manager to monitor and support pricing operations.

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AlloyGator Protects Vehicle Wheels from Curb Damage

AlloyGator’s rim protection product reduces wheel refinishing costs. It fits between the rim and tire and takes the impact and damage rather than the vehicle’s rims.

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Toyota's Carsharing Partnership Could Fit Fleets

Toyota has formed a partnership with carsharing provider Getaround that could eventually find a place in commercial or government fleets that manage a portion of their vehicles as an in-house rental fleet.

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Enterprise, Brazil's Unidas Expand Partnership

Amending its master franchise agreement with the Brazilian-based car rental operator Unidas, Enterprise Holdings will now hold a 20% stake in Unidas and Unidas will now offer all three of Enterprise's car rental brands throughout Brazil.

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Volkswagen South Africa Wins Manufacturer Award for Rental Industry

South African Vehicle Rental and Leasing Association’s (SAVRALA) car rental members review each car manufacturer brand based on several factors including cost of parts, residual values, and service.

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Mex Rent A Car Opens First European Locations in Romania

Mex Rent A Car has expanded to Europe with the opening of two new affiliate locations in the Romanian cities of Bucharest and Cluj.

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Hertz Global Wins Sustainability Award

Hertz Global has received the 2016 Best Practice Award for large business from Sustainable Florida, an organization that promotes a better social, environmental, and economic future.

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Enterprise Donates $60M to Fight World Hunger

The Enterprise Rent-A-Car Foundation has donated $60 million to support several organizations including local food banks and The Global FoodBanking Network. This donation is in honor of Enterprise Rent-A-Car’s 60th anniversary.

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Singapore Carsharing Service to Deploy Electric Vehicles

By 2020, Singapore drivers will be able to share 1,000 electric vehicles with 2,000 charging points across the country. The program will start in 2017 with a fleet of 125 electric vehicles and 250 charging stations.

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Audi to Launch Corporate Car-Sharing Service

Audi of America plans to roll out a national car-sharing fleet service for executives next year and has begun testing the service in North Carolina, according Audi.

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Auto Rental Summit Tackles Recalls, Fleet Planning, Wage Issues

Moving to Orlando this year, the fifth annual Auto Rental Summit focused on the theme of “People, Process, and Profits” through seminars, networking, and exhibit hall interactions.

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

Autonomous Vehicles and the Changing Role of the Fleet Manager

With fewer drivers and substantially longer fleet lifecycles, fleet managers will pivot to new job functions.

2017: Fleet Mix Will Be Paramount

Car rental companies are migrating to vehicle segments with better residual values, though not without bumps in the road.

Auto Rental Summit: Five Trend Lines

Taking in the seminars, discussions, and networking at the 2016 Auto Rental Summit, trend lines emerged around shifts in model mix, data protection issues, increasing labor costs, workforce engagement, and new platforms to rent cars.

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