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Our editorial staff has selected and edited this news release for clarity and brand style because we believe it is relevant to our audience.
September marks a record 16th straight month that new-vehicle ATPs were higher than the average manufacturer’s suggested retail price (MSRP).
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Enterprise Holdings is expanding its global footprint into South Africa, with Woodford Car Hire to operate the Enterprise Rent-A-Car, National Car Rental, and Alamo Rent A Car brands.
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The "return to normal" hits a snag as rental fleets secure more vehicles but are forced to raise fees, leading to a drop in overall customer satisfaction levels.
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The global rental company has signed another new franchise agreement in Singapore, which will serve downtown and the Changi Airport by the end of this year.
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According to a survey by J.D. Power and Dealerware, 86% of customers who have rented from dealerships said they would do so again, compared to 50% for those who rented from an off-airport location of a national car rental provider.
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Nine of the new Tesla Model Y EVs will be available in the company's rental offering, with some already at Auckland Airport.
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Only three of eight major market segments saw seasonally adjusted prices that were higher year over year in September. The full-year Manheim Used Vehicle Value Index forecast is expected to finish the year down nearly 14% YOY, up from the second quarter’s revised forecast of a 6% decline.
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The international car rental company committed to an initial order for several thousand pure-electric vehicles from BYD, with the first deliveries this year. Sixt plans to purchase 100,000 additional EVs from BYD through 2028.
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Ride-switching company MirrorTrip matches a user with other people driving in the opposite direction. This turns a one-way trip into a round trip without having to pay drop-off fees.
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UFODrive, a provider of electric vehicle rental, is now offering a full-service subscription option in eight countries. It will be available for U.S. customers in early 2023.
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