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.

Wholesale Price Decline Continues in March

Wholesale used vehicle prices declined for the third consecutive month, a decrease of 1.6% from a year ago, according to the Manheim Used Vehicle Value Index. Rental risk units had the lowest average mileage since September 2014.

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InspectionNotes, Thermeon Offer Mobile Damage Inspection

Automobile Technologies (AMT) has announced InspectionNotes integration with Thermeon’s car rental software to transmit real-time data for mobile damage inspections.

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Budget Releases Ad Campaign Featuring Jessica Simpson

Jessica Simpson serves as Budget's brand ambassador in a series of television and online advertisements offering customers a special discount offer.

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Hertz Lowers Rental Revenue Target

Despite this reduction, Hertz Global Holdings Inc. confirms that its full-year 2016 adjusted earnings will be within a range of $1.6 to $1.7 billion.

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BMW Group Launches Carsharing Service in Seattle

BMW Group’s carsharing company ReachNow will be headquartered in Seattle with plans to expand the service to 10 North American cities — three cities in 2016.

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O’Hare Airport’s Rental Center Set for 2018 Completion

Chicago O’Hare International Airport’s new car rental facility is set to open at the end of 2018. Once completed, the facility will house 13 car rental brands.

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Hertz Invests in Valet Parking Service Luxe

Luxe, a provider of on-demand valet parking and car services, has secured Series B financing of $50 million from lead investor Hertz Global Holdings.

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CollegeGrad.com Names Enterprise Top Entry-Level Employer

Enterprise Rent-A-Car takes the No. 1 spot for Entry-Level Employer in a CollegeGrad.com survey.

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First Fuel Cell Car Sharing Service Launches

The world’s first fuel cell powered zero-emission car sharing service will be launched in Munich this summer, and it will feature a fleet of Hyundai’s ix35 Fuel Cell vehicles.

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Travel Advocacy Groups Fight 'Ridiculous' Airline Fees

The Forbid Airlines from Imposing Ridiculous (FAIR) Fees Act would prohibit airlines from charging cancellation, baggage, or other ancillary fees that are “unreasonable” under standards set by the Department of Transportation.

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

A Seminal Moment for the Global Car Rental Industry

The 2016 International Car Rental Show convened the first meeting of association directors from around the world that represented an important step to communication, problem-solving, and idea-sharing between the groups.

For the Future of Car Rental, See China

The new “mobility service providers” in China (and India) may show us a world without rental counters first.

Fleet Management? They Have No Clue

It’s all well and good that the general public doesn’t really understand fleet management — though there are a few situations it sure would help.

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