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Newsby StaffMay 24, 2021

Green Motion to Participate in, Sponsor 2021 International Car Rental Show

Green Motion will engage with ICRS attendees on its new Affiliation program aimed at the U.S. market.

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Newsby StaffMay 19, 2021

Thrifty Car Rental, Travelocity Offer Road Trip Contest

Thrifty Car Rental and Travelocity’s contest will pick two people to win an all-expense-paid road trip for their families worth up to $25,000.

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Articlesby Chris BrownMay 19, 2021

16 Questions for Getaround

Pat Notti, VP of Getaround’s Marketplace and Operations, answers questions on the Power Host Program, including how hosts are managing parking, insurance, vehicle supply, and the depreciation curve, as well as the attributes that make a successful power host.

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Newsby StaffMay 14, 2021

U.S. Buoys Sixt’s Q1 Performance

Sixt SE managed -$16.6 million in earnings before taxes in the first quarter of 2021, with business improving sequentially. U.S. is a bright spot while Europe continues to be affected by the lockdown.

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Newsby StaffMay 12, 2021

Stockholders Claim Victory in Hertz Bankruptcy Auction

Knighthead, Certares emerge as winners. Distribution of $8 a share “truly historic.” Stock soars 33%.

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Newsby StaffMay 12, 2021

Porsche Bank Launches sharetoo, Subscription Service in Europe

The sharetoo service is designed to serve municipalities, local associations, businesses, housing complexes, and car dealers who need replacement or test vehicles. Subscription terms are three, six, or 12 months.

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Newsby StaffMay 11, 2021

Bluebird, Autofleet, and ABeam Partner to Optimize, Scale One of Asia’s Largest Taxi Fleets

By leveraging the Autofleet platform, Bluebird will be able to optimize its fleet’s vehicle placement, match and predict drivers based on demand forecasting to reduce empty rides, optimize allocation efficiency, allow for greater availability in traditionally under-served areas, reduce customer ETAs, and improve overall customer experience.

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Newsby StaffMay 10, 2021

Hertz Posts Positive EBITDA in Q1

Hertz Global Holding’s adjusted EBITDA in the U.S. of $24 million in the first quarter of 2021 is truly a remarkable achievement.

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Newsby StaffMay 6, 2021

Kyte Launches in NYC

The startup car rental platform is now available in five U.S. cities.

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Newsby StaffMay 6, 2021

Maui Ranks No. 1 for Most Expensive Rental Car Rates

For May 2021, a customer in Kahului, Hawaii, could expect to pay an average of $972 per week for the most affordable vehicle.

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