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ICRS 2027 Opens Call for Papers
The International Car Rental Show seeks session proposals on the business, operational, and technology issues facing car rental operators. Submissions are due Jan. 15.
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SEARCHMENUSEARCHThe International Car Rental Show seeks session proposals on the business, operational, and technology issues facing car rental operators. Submissions are due Jan. 15.
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Avis anticipates revenues about 80% lower in April and May compared to the prior year, with a gradual recovery in June and improving thereafter.
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Hertz’s lenders have given the company until May 22 “to develop a financing strategy and structure that better reflects the economic impact of the Covid-19 global pandemic.”
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The health and safety guidance is meant for travel-related businesses, including car rental, to adapt as America reopens.
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As the country gradually reopens, certain states are seeing weekly pump price increases of 27 cents (Wisconsin), 19 cents (Ohio) and 16 cents (Indiana).
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Commercial fleet sales from nine manufacturers totaled 24,923 in April 2020, representing a 66.5% year-over-year decrease, driven heavily by the impact of the COVID-19 pandemic.
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Europcar has received state guaranteed loans from Spain and France.
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The founder of a car rental marketplace serving UAE shares the lessons he is learning from the COVID-19 pandemic, and what he believes the car rental industry in general can learn too.
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This ad for Saunders Drive it Yourself, believed to be the first car rental company in the U.S., was recently found in an Omaha phone book from 1926.
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The site links to the additional measures enacted by major car rental companies in response to the coronavirus pandemic.
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The company has laid off or furloughed 21,000 employees as a result of the coronavirus pandemic. April revenue is trending down 80% from the prior year. Similar trends are expected in May, but the company “expects a gradual recovery thereafter.”
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