Auto Rental News
MenuMENU
SearchSEARCH

Fleet Acquisition

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.

Read More →
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%.

Read More →
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.

Read More →
Ad Loading...
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.

Read More →
Newsby StaffJuly 5, 2018

Uber, Careem in Talks to Merge Middle East Operations

According to sources, who declined to be named because the talks are private, the companies have discussed numerous potential deal structures, but haven’t come to a final agreement.

Read More →
Newsby StaffJune 5, 2018

Commercial Fleet Sales Increase 2.1% in May

Sales of vehicles to commercial fleets increased 2.1% in May, while sales to government fleets were flat, and sales into daily rental increased 29.8%.

Read More →
Ad Loading...
Newsby StaffMay 7, 2018

Edge Auto, Budd Enterprises Merge, Expand NYC Rental Offerings

The acquisition has enabled Edge Auto Rental to expand into the trucking and labor sector by adding CBS Network, NY Philharmonic Concerts in the Parks, and the Metropolitan Opera, to its roster.

Read More →
NewsMarch 27, 2018

Grab Acquires Uber's Southeast Asia Operations

The two companies are working together to seamlessly integrate Uber’s drivers and riders onto Grab’s app.

Read More →
NewsMarch 20, 2018

Didi Chuxing Invests in Car Rental Firm Yestock

According to the mutual agreement, Yestock will provide car rental-purchase or leasing services to full-time drivers on the DiDi platform.

Read More →
Ad Loading...
NewsMarch 5, 2018

Daimler Purchases Europcar Group’s 25% Stake in car2go

In addition to car2go, Daimler Mobility Services is responsible for moovel and mytaxi.

Read More →