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.

Verizon Telematics Expands Offerings

Verizon Telematics has become the largest provider of built-in telematics and mobile applications for commercial vehicles and has moved closer to rebranding its product offerings for its customers, CEO Andrés Irlando told an audience gathered at the annual Latitude conference.


GO Rentals Launches Fleet of Camper Trailers

New Zealand-based GO Rentals has announced the introduction of its GO Glamper fleet of camper trailers. Currently available in Christchurch and Auckland, the trailers feature a double bed, private toilet unit, kitchenette, and solar-powered lighting.


Enterprise Holdings Grows Revenues 6.5%, Fleet Size Static

Enterprise Holdings achieved annual revenues of $22.3 billion in fiscal year 2017, while fleet size remained equal to 2016 at 1.9 million vehicles. Share of airport business is now 38%.


ACE, Advantage Rent-A-Car Top Loyalty Customer Report

ACE Rent A Car and Advantage Rent-A-Car earned the highest rates on the Temkin Group’s Loyalty Index report for 2017.


Avis Budget Recognized for Supplier Diversity

Avis Budget Group Inc. has been honored with awards for its efforts in promoting opportunities for disadvantaged, minority, and women-owned businesses.


October Depreciation Rates Seasonally Low

Depreciation trends for both car and truck segments are seasonally lower than what is normally expected this time of year, according to Black Book’s Oct. 23 Market Insights report.


American Car Rental Association Names New Board of Directors

Joe Knight has resigned as president of the American Car Rental Association (ACRA) but will remain on the board. Bill Plamondon has been named the new president, Robert E. Muhs is the new vice president, and Eric Rothman was appointed as a new board member.


Hertz to Announce Third Quarter Financial Results

Hertz Global Holdings Inc. plans to report its third quarter 2017 financial results on Thursday Nov. 9.


Hyundai Recalls Sonata Cars for Seat Belts

The recall, which includes hybrid vehicles, covers more than 443,000 Sonata sedans in the 2011-2015 model years.


Sixt to Create 300 Jobs at New Florida Headquarters

Sixt North America has selected Fort Lauderdale as the location for its new expanded North American headquarters. The expansion will create 300 new jobs and invest $10.4 million in the local community.


car2go Adds Mercedes-Benz Vehicles to Portland Fleet

car2go has updated its Portland, Ore., fleet to be fully comprised of compact Mercedes-Benz CLA and GLA vehicles. The company will retire its two-seater smart fortwo vehicles.


Is Ride-Hailing Reducing Number of Vehicles on Road?

A study by the University of California Davis’ Institute of Transportation Studies looked at the adoption, utilization, and impacts of ride-hailing (Uber and Lyft) in the United States.


Enterprise Offers Disaster Relief Aid to Puerto Rico

Enterprise Rent-A-Car Foundation made three donations totaling $250,000 to assist with immediate needs of those in Puerto Rico after Hurricane Maria.


Fuel Cell Electric Carsharing Program to Launch in California

StratosFuel Inc., a developer of hydrogen fueling stations, received a grant to start its Fuel Cell Electric Vehicle (FCEV) carsharing service in the cities of Ontario and Riverside.


car2go Skill Now Available for Amazon Alexa

With a car2go membership and an Alexa-enabled device, customers can reserve a car2go vehicle via voice commands.


Sixt Opens at San Diego International Airport

Sixt Rent-a-Car officially opened in the San Diego International Airport yesterday with a ribbon-cutting ceremony in the airport’s consolidated rental facility.


Latin American Meeting Addresses Challenges, Trends in Rental Market

The Latin American Meeting will be held on Monday Nov. 6 from 8:15 a.m. until 9:55 a.m., before the start of the Auto Rental Summit.


Hyundai Launches Electric Carsharing Service in Amsterdam

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


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.


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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