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News•by Staff•March 20, 2020

Bandago Keeps Rental Vans Moving

With regular business grinding to a halt, the passenger van rental company is offering its services to local governments for homeless transportation and other needs. “There’s no way I’m letting this f***ing virus win.”

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News•by Staff•March 20, 2020

Sixt Franchisee Shares Sanitizing Process

Sixt Indianapolis is revising its vehicle sanitizing process to prevent the spread of the coronavirus. Customer acceptance has been positive.

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News•by Staff•March 20, 2020

China Auto Rental Prepares for Business Slump

China Auto Rental Inc. (CAR), China’s largest car rental company, has started selling some of its assets to help survive the economic downturn caused by the Coronavirus outbreak.

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News•by Staff•March 19, 2020

Analysts Expect Car Rental ABS to Remain Stable

In general, DBRS Morningstar expects rental car companies to err on the conservative side while de-fleeting.

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News•by Staff•March 19, 2020

Rate Pros to Lower April Rates

Rate Pros said that it is important for the industry to "weather the storm together," during this challenging time for the market. 

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News•by Staff•March 18, 2020

Foreign, Domestic Automakers Suspend Production at North American Factories

The shutdowns come to fight the spread of COVID-19/coronavirus after workers at multiple plants tested positive.

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News•by Staff•March 18, 2020

Uber, Lyft Suspend Shared Ride Service

The move comes as the world continues to grip with the COVID-19 pandemic.

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News•by Staff•March 18, 2020

Coronavirus to Cost Travel Industry $809B

U.S. Travel Association President and CEO Roger Dow has urged the Trump Administration to consider $150 billion in overall relief for the broader travel sector.

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News•by Staff•March 16, 2020

Uber, Lyft Extend Sick Leave During Coronavirus Pandemic

Both companies will pay eligible drivers who are unable to work because of the pandemic.

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News•by Staff•March 16, 2020

Manheim Implements Simulcast-Only Sales Amid COVID-19 Concerns

Manheim will implement Simulcast-only sales at all of its U.S. locations effective March 16 to April 3, following the ongoing public health and safety concerns of COVID-19.

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