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News•August 8, 2017

Hertz Reports Net Loss of $158M

For the second quarter 2017, Hertz Global Holdings Inc. has reported its total revenues as $2.2 billion, a 2% decline versus second quarter 2016. Hertz reported a net loss of $158 million, including $54 million of impairment charges.

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News•August 8, 2017

Manheim's Cadigan Retires After 40-Year Career

Jay Cadigan will retire from Manheim, capping a 40-year career in the remarketing industry that included stints at auctions, as well as leasing companies and rental car operators.

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News•August 8, 2017

Europcar Reports Revenue Up 10%

In the first half of 2017, Europcar reported revenue of 1.028 billion euros — up 10.1% at constant exchange rates compared with the first half of 2016. Europcar's number of rental days increased to 30 million.

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News•August 8, 2017

Hertz France to Pay 40,000 Euros Fine for Data Breach

Hertz France must pay a 40,000 euros fine after personal information from almost 36,000 of its customers was found to be easily available online.

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News•August 8, 2017

Sixt Mexico Wins Favorite Customer Award

Sixt Mexico has been awarded as Rentalcars.com’s favorite rental company of 2016 in three of its airport branches: Manzanillo Airport, Morelia Airport, and Torreon Airport.

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News•August 8, 2017

GoCar Carsharing Service Expands to Limerick

Ireland’s GoCar carsharing service has expanded to the city of Limerick. Currently, it's available in Dublin and Cork.

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News•August 8, 2017

Taxify Ride-Hailing Service Partners With Didi Chuxing

Taxify, a ride-hailing service in Europe and Africa, has announced a partnership with Didi Chuxing’s mobile transportation platform.

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News•August 8, 2017

Zoomcar Launches One-Way Self-Drive Service

Zoomcar, an India-based self-driving car rental service, has launched Hop, a one-way intercity self-drive service that will be available in 24 cities across India.

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News•August 7, 2017

Avis Budget Revenue Flat on Pricing Declines

Avis Budget Group has reported revenue of $2.2 billion for its second quarter 2017, unchanged compared to Q2 2016. This is primarily due to an increase in overall rental days being offset by a decrease in pricing.

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News•by Amy Hercher•August 2, 2017

Mobility Conference Debuts at Auto Rental Summit

Co-located with Auto Rental Summit at Miami Hilton Downtown, Fleet Forward Conference is designed to bring fleets, fleet suppliers, and technology providers together to provide education and networking on smart mobility concepts and end-user solutions.

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