Top Chinese Rental Company Launches IPO
The Hertz Corp.’s car rental partner in China (China Auto Rental Inc.) has launched its initial public offering (IPO) on the Hong Kong stock exchange to help increase its rental fleet.
The Hertz Corp.’s car rental partner in China (China Auto Rental Inc.) has launched its initial public offering (IPO) on the Hong Kong stock exchange to help increase its rental fleet.
Brazil's business travel spending is expected to grow 3.6% in 2014 and 4.1% in 2015, down from projections of 12.5% and 5.9%, according to the Global Business Travel Association (GBTA).
U.K.-based Carrentals.co.uk, an online car rental price comparison company, has increased its number of rental locations in its database from 15,000 to 2.5 million.
car2go has expanded its car-sharing service to the Frankfurt Airport. Frankfurt is now car2go’s eighth city in Germany.
You now have an extra week to submit nominations for the Auto Rental News Professional of the Year Awards. Deadline is now Sept. 26.
Do you have a great topic for a seminar, roundtable or speaker for the 2015 International Car Rental Show? Please email your ideas by Monday Oct. 6.
Starting Oct. 1, Philippe Germond will officially take the CEO position at Europcar Group and will serve as a member of the board of directors of Europcar and Eurazeo.
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.
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