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Fleet Acquisition

Newsby StaffJanuary 2, 2019

Avis Egypt Acquired by Ezz Elarab

By the end of 2019, Avis Budget Egypt aims to have a fleet of 1,000 vehicles and 50 rental locations.

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SponsoredDecember 13, 2018

Auto Rental News - Top Articles of 2018

Auto Rental News covers a variety of topics throughout the year, from national trends and news to legislation and opinion. Download our ebook, Top Articles of 2018, to revisit our most popular content of the year.

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Newsby StaffNovember 30, 2018

Sixt Denies Rumors It's Buying Hertz

"Current market speculations and media reports in the USA that Sixt SE is interested in acquiring Hertz are completely unfounded and false," officials said in a statement. 

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Newsby StaffOctober 4, 2018

Avis Acquires Portuguese Rental Firm

The acquisition adds approximately 3,000 vehicles to Avis Budget Group’s network in Portugal and is a key step in strengthening its commitment to the local market.

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Newsby StaffSeptember 7, 2018

Commercial Fleet Sales Jump 22% in August

Sales of vehicles to commercial fleets increased 22% in August, while sales into daily rental fell 21.2%. Sales to government agencies increased 18.3%.

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Newsby StaffAugust 15, 2018

HyreCar Add 6 Dealers to Path to Ownership Program

The partnership potentially adds upwards of 500 vehicles to HyreCar's platform,

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Newsby StaffAugust 3, 2018

Bluebird Auto Rental Acquired by Valsoft

Bluebird Auto Rental Systems, LP, was established in 1993 when Angela Margolit and a handful of limited partners purchased the auto rental division of Bluebird Systems.

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Newsby Paul ClintonAugust 1, 2018

Commercial Fleet Sales Increase 6.3% in July

Sales of vehicles to commercial fleets increased 6.3%, while sales into daily rental increased 44.9%. Sales to government fleets increased 13%.

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Newsby StaffJuly 31, 2018

Nexus Vehicle Rental Sold for $186M

Established in 1999, Nexus connects vehicle rental companies with corporate customers via a proprietary online booking and rental management system.

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Newsby StaffJuly 10, 2018

Cathedral Consulting Acquires Tennant Group Roundtable

Cathedral Consulting facilitates “Dealer 20 Performance Groups,” allowing independent automotive leasing, and now, rental business leaders, to share operating results, best practices and ideas in a non-competitive environment.

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