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Newsby StaffNovember 13, 2020

MPH Launches Partnership Program for Luxury Rentals

Exotic car owners can give their car to MPH, and the agency will coordinate rentals, and the owner and the company will split the profits at the end of the month.

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Newsby StaffNovember 13, 2020

Sixt Hires Thomas Kennedy as US President, CFO

With nearly 30 years of experience, Kennedy is an expert in the U.S. travel and mobility market.

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Newsby Chris BrownNovember 12, 2020

ACRA Board Adopts 2021 Strategic Plan

The plan includes waiving dues for ACRA members with 399 vehicles or fewer and the creation of ACRA Army to defend the industry at the state and federal government level.

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Newsby StaffNovember 11, 2020

Hertz Expands Subscription Service Nationwide

Hertz My Car provides three all-inclusive subscription tiers that offer a variety of vehicles to fit customers' budgets and includes liability protection and premium roadside assistance.

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Newsby StaffNovember 10, 2020

Hertz Reports $222M Net Loss in Third Quarter, with Sequential Improvements

Hertz CEO Paul Stone cited U.S. rental volume improvements since Labor Day and domestic revenue improvements of 14 points from July to September.

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Newsby StaffNovember 10, 2020

Conrac Solutions, iCON Infrastructure Partner to Develop CONRAC Airport Infrastructure

Conrac Solutions’ partnership with iCON Infrastructure effectively merges Conrac Solutions’ transportation infrastructure delivery expertise with iCON Infrastructure’s international investment management network.

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Newsby StaffNovember 10, 2020

Europcar Mexico CEO Highlights Benefits of Pandemic Renting a Car

Special rates and contactless rental experiences help retain customers.

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Newsby StaffNovember 9, 2020

Europcar Names New International Partnership Director

Mark Lister has spent most of his career in the car rental industry, where he had the opportunity to hold various positions, from the field to the management of teams and commercial development.

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Newsby StaffNovember 9, 2020

Hertz Secures $4B for Fleet Financing

The financing, expected to be structured as an asset-backed securitization short-term facility, will fund the purchase of about 229,000 vehicles in 2021.

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Newsby StaffNovember 4, 2020

Overall October Fleet Sales Down but Improve Month-Over-Month

Commercial fleet sales from nine manufacturers totaled 55,252 in October 2020, representing a 12.6% overall decrease when compared to the same time last year, though these declines were impacted by a 49.5% drop for sedans, which represents the smallest segment volume for commercial fleets.

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