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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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United Rental Group celebrated its 25th anniversary in the U.K. with a gala dinner in London attended by over 700 licensees and suppliers.
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Since the end of 2015, the British Vehicle Rental and Leasing Association (BVRLA) has a 16% increase in members. The association currently has more than 900 members.
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Mercedes-Benz owner Daimler has launched Croove, a peer-to-peer carsharing platform, as a pilot program in Munich, Germany.
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The carsharing trial with one-seater electric Toyotas started in Tokyo on Dec. 20.
Read More →Thousands of customers may have worthless car rental bookings through Atlas Choice this holiday season. Atlas Choice, an online rental booking agent, didn’t pay the rental companies for the bookings.
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The California DMV revoked the registrations on the 16 self-driving Volvo XC90s that Uber was using in its pilot program. Uber will move the vehicles to Arizona.
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Avis Budget Group Inc. has completed its previously announced acquisition of France Cars, expanding the company's presence in the French vehicle rental market.
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To celebrate the new agreement, Hertz Global has launched discounts of up to 20% on basic car rental for Cathay Pacific's passengers renting with Hertz at locations in the U.S, Canada, Europe, Australia, New Zealand, and Asia
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Audi on demand, a smartphone-based daily rental service, has opened its first location in Germany at the Munich Airport.
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Avis Luxury Cars is now offering the Ford Mustang to its customers in South Africa.
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