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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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The website is specifically designed to meet the needs of Emerald Club members, with more information about the loyalty club’s services, including essential account management, reservation, and communication options.
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The growing presence of connected cars across the Avis Budget Group fleet, combined with the Avis mobile app, means more travelers can change or upgrade their vehicle in real-time right from the lot, locate their vehicle and, in the future, personalize geolocation-based travel and tourism push notifications sent to customers.
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Powering the Hertz 100th Anniversary Edition Corvette Z06 is a supercharged 6.2-liter V-8 engine with 650 horsepower and 650 lb.-ft of torque.
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Cox Automotive has established a new mobility services unit that combines existing businesses, such as its Flexdrive subscription service, with its acquisition of Clutch Technologies' subscription software platform to deliver fleet management solutions for mobility fleets, the company has announced.
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Beginning in September, the two companies will offer “Hertz Wednesdays”— a new weekly promotion that allows customers with a Hertz rental car to receive a special game play offer, compliments of Hertz, and the ability to compete against other Hertz customers around the country for prizes.
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A Bloomberg columnist recalculated Uber and Lyft's effect on car rental in Certify’s SpendSmart report on ground transportation. When measuring overall dollars spent — not number of expensed trips — the data tells a different story.
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Net income improved to $26 million and adjusted net income increased 84% to $46 million, or $0.57 per diluted share.
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Together with NIADA, the companies aim to meet an overwhelming dealer demand to enter the mobility as a service industry throughout the U.S.
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Phantom Auto will begin testing autonomous vehicles in Sacramento, Calif., under a new agreement with the city that allows testing with no occupants in the car. The vehicles will be operated by remote drivers at computers in Silicon Valley, reports the Sacramento Bee.
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For the second quarter 2018, total revenues were $2.4 billion, a 7% increase versus the second quarter 2017.
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