GM’s Maven Launches Carsharing Service in Los Angeles
General Motors’ carsharing program Maven continues its expansion by launching in Los Angeles. Maven is now available in nine U.S. cities.
General Motors’ carsharing program Maven continues its expansion by launching in Los Angeles. Maven is now available in nine U.S. cities.
Avis Budget Group has reported revenue of $2.7 billion for its third quarter 2016, a company record. This is a 3% increase primarily due to a 2% increase in pricing in the Americas and a 4% growth in international rental days.
Enterprise Holdings and Enterprise Fleet Management increased revenue 8.1% to $20.9 billion for the 2016 fiscal year for its rental and fleet management businesses, the privately-held company has announced.
Skurt, a transportation service that delivers rental cars, has launched in Miami. Skurt partners with rental companies to offer their fleet for daily rental through Skurt’s app.
The fifth annual Auto Rental Summit took place in a new city and venue. From Oct. 24-25, corporate, franchised and independent companies gathered at the B Resort & Spa in Lake Buena Vista, Fla. Check out images from seminars, the exhibit hall, networking breaks, awards, a tour of ACE Rent A Car in Orlando, and more. Photos by Amy Winter-Hercher and Eric Tillotson.
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.
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.
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.
Enterprise Truck Rental has opened its first location in Hawaii. The Honolulu facility carries cargo vans, pickup trucks, flatbeds, and small box trucks.
Hertz Global Holdings Inc. will host a live webcast discussion of its 2016 third quarter financial results on Tuesday Nov. 8.
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.
Pincars Car Share has launched its carsharing service in downtown Richmond, Va., and also serves the Chesterfield area.
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%.
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.
Rate Pros assists car rental companies by assigning a revenue manager to monitor and support pricing operations.
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