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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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Due to a $170K grant from the Metropolitan Transportation Commission to the Sonoma County Transportation Authority, Zipcar will administer its carsharing service in Santa Rosa for two years.
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Tourico Holidays, a wholesale travel brokerage company, has announced new supplier partnerships with Advantage Rent A Car and E-Z Rent-A-Car. Tourico expands its access to rental car inventory at 85 locations around the U.S.
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Launching initially in South Florida with exotic cars, LUXnow offers a peer-to-peer platform for luxury and exotic carsharing. LUXnow plans to expand to New York in fall 2017.
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The modified route is part of the improvement project to build a new consolidated rental car facility at the airport. Once finished, the five-story car rental facility will house the companies in one location with approximately 4,400 parking stalls.
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Revv, an Indian-based shared mobility solutions platform, plans to double the coverage of its one-way carsharing service. It allows customers to pick up a car from anywhere in the origin city and leave it anywhere in the destination city.
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The National Basketball League (NBL) in Australia and New Zealand has announced that Europcar will continue as its official car rental partner for the 2017-18 season.
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eHi Car Services Limited, a car rental and car services provider in China, has completed an offering of $400 million aggregate principal amount of its senior unsecured notes.
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Toyota Motor Corp. will test a carsharing service using its mini electric vehicles in Bangkok, Thailand
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The Norwegian cities of Oslo and Trondheim and Reykjavik, Iceland, ranked as the most expensive cities to rent cars in Europe, according to a survey by CheapCarRental.net.
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Localiza, a South American rental car company, has launched Localiza Fast, a self-service car rental process through a mobile app.
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