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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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Pricing for car and truck segments weakened heading into the fourth quarter, which is typical this time of year. Crossovers and SUVs led the way with the highest value decline last week — the full-size crossover/SUV segment fell 1.12%.
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This Department of Defense program addresses unemployment of military spouses by connecting them with more than 335 partner employers committed to recruiting, hiring, promoting, and retaining military spouses.
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Rate Pros assists car rental companies by assigning a revenue manager to monitor and support pricing operations.
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AlloyGator’s rim protection product reduces wheel refinishing costs. It fits between the rim and tire and takes the impact and damage rather than the vehicle’s rims.
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Amending its master franchise agreement with the Brazilian-based car rental operator Unidas, Enterprise Holdings will now hold a 20% stake in Unidas and Unidas will now offer all three of Enterprise's car rental brands throughout Brazil.
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South African Vehicle Rental and Leasing Association’s (SAVRALA) car rental members review each car manufacturer brand based on several factors including cost of parts, residual values, and service.
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Mex Rent A Car has expanded to Europe with the opening of two new affiliate locations in the Romanian cities of Bucharest and Cluj.
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Hertz Global has received the 2016 Best Practice Award for large business from Sustainable Florida, an organization that promotes a better social, environmental, and economic future.
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The Enterprise Rent-A-Car Foundation has donated $60 million to support several organizations including local food banks and The Global FoodBanking Network. This donation is in honor of Enterprise Rent-A-Car’s 60th anniversary.
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By 2020, Singapore drivers will be able to share 1,000 electric vehicles with 2,000 charging points across the country. The program will start in 2017 with a fleet of 125 electric vehicles and 250 charging stations.
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