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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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Uber will begin offering self-driving Volvo XC90 luxury SUVs to customers in San Francisco, which expands a partnership the companies launched in August to offer self-driving vehicles in Pittsburgh.
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Kathryn V. Marinello to become president and chief executive officer.
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Revenue for corporate, franchised, and independent locations in the U.S. is projected to reach $28.43 billion, a nearly 5% gain in revenue over 2015.
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Hertz plans to sell its used vehicles through its partnership with Shift, an online used car website that offers customers test drives.
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Enterprise Holdings Inc. has announced plans to hire nearly 10,000 college graduates into its Management Training Program worldwide in 2017.
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Google has formed a mobility company called Waymo to house its development of self-driving vehicles and may be laying the groundwork to roll out a ride-hailing service as soon as late 2017 in a partnership with Fiat Chrysler, according to various reports.
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Avis Budget Group Inc. has earned the 2017 Military Friendly Employer designation from Victory Media, publisher of G.I. Jobs and Military Spouse.
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Toyota’s new hybrid carsharing program YUKO is being piloted in Dublin, Ireland and Forli, Italy.
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With access to the full line of smart vehicles, customers can rent a car from one day up to three months.
Read More →Honda’s $750 million investment in ride-hailing Grab is part of an agreement to collaborate on motorbike-hailing services.
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