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LOR overall continues to trend downward, but ongoing market and economic conditions could affect future results while the industry deals with staffing and productivity challenges.
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With the Coronavirus pandemic causing a halt in travel, hundreds of unused rental vehicles are parked at several lots around Phoenix. Springtime is usually a busy tourist season for Arizona.
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The Independent Drivers Guild called on the government and ride-hailing companies to do more to protect ride-hailing drivers and to deliver emergency financial compensation.
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Rentals of Mercedes A-Class and GLA models are offered to National Health Services workers in London, Manchester, and Edinburgh.
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Hertz is working with Mount Sinai Health System to make vehicles available to its employees throughout New York City, and is also supplying the Health System with free cargo van rentals to transport ventilators and other medical supplies to support the crisis.
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In addition to employee furloughs, CEO Kathryn Marinello is relinquishing 100% of her base salary. Hertz is temporarily closing some 600 locations in Europe.
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The closures come with hour and wage reductions. At the same time, the licensee is donating the use of 40 chauffeured vehicles for two weeks to the Costa Rican mail service and Ministry of Health to deliver medicine.
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The webinar convenes Tuesday, March 31 with subject matter experts and speakers representing car rental companies from across the globe
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Eligible customers, including car rental companies, can defer curtailment payments through end of May on eligible unsold units.
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Previously, Lyft suspended all shared ride options to help stop the spread of COVID-19.
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As a result of the coronavirus pandemic, this Dollar Thrifty franchisee in Omaha is renting to local businesses that may not be thinking about a new business opportunity — grocery and food deliveries to their clients.
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