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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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Enterprise Rent-A-Car and the Enterprise Holdings Foundation donated 130 pounds to plant meadow flowers, bulbs, and perennials at seven roundabouts across the U.K.
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Zoomcar, an India-based carsharing service, has raised another $25 million in a Series C round. Ford Motor Co. led investors in this recent round of funding.
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Dollar Rent A Car has opened its 27th branch in Dubai at the Dubai Marina Mall, a location that will provide car rental services to Dubai Marina residential population area and tourists in the city.
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First Car Rental, a South African-based car rental company, has added three new vehicle models to its rental fleet.
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ATL Automotive, a Jamaican-based automotive company and affiliate of Sandals Resorts International Group, will serve as the franchisee for the Enterprise Rent-A-Car, National Car Rental, and Alamo Rent A Car brands in Jamaica.
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Breeze, a startup that leases cars to drivers for Uber, Lyft, and delivery services, has ended its services. It plans to license out its fleet management software to other companies.
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Initially launched as a car concierge service app, Dryve Inc. is now offering vehicle delivery to rental car companies and dealerships in Los Angeles.
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CarRezzy.com has launched its reservation mobile app. The company provides a list of the closest rental car vendors to the user’s location.
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The regional recall covers nearly 766,700 vehicles in the U.S., including such models as the Focus, Escape, Transit Connect, and C-MAX.
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Avis Budget Group has reported revenue of $2.2 billion for its second quarter 2016. This is a 3% increase primarily due to a 3% rise in rental days.
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