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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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After a decrease in June, July’s airport rates were down 60 cents from a year ago. Avis Budget Group and Hertz both expect flat or slightly higher pricing for the balance of 2016.
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Zipcar’s "selfie software" will verify a member by matching a driver’s license with facial recognition technology. Through the mobile app, members can now sign up, join, and drive a Zipcar without needing a Zipcard.
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Enterprise Rent-A-Car’s new multimedia campaign features the company’s multiple transportation options beyond car rental: truck rental, luxury rental, carsharing, and car sales.
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Advance Car Rental, an independent car rental company, has opened a new office in Arlington, Va., which will also serve as corporate headquarters for Advance Global Solutions, its parent company.
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The recall affects nearly 33,000 compact cars in the 2016 model year.
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According to data from the National Highway Traffic Safety Administration analyzed by J.D. Power, over 45 million vehicles that were the subject of safety recalls — issued between 2013 and 2015 — are still not repaired.
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Nearly a quarter of the 40 largest cities in the U.S. impose retail taxes that increase the costs of a one-hour carshare by more than 30%, according to a study by DePaul University.
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On Aug. 2, Green Commuter will introduce its all-electric carsharing and vanpooling service in Los Angeles with a fleet of Tesla Model X vehicles.
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Rick Frecker has been appointed executive vice president and general counsel for Hertz Global Holdings Inc. He has served as the company's acting general counsel since April.
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For North America, the top five destinations were New York City, Miami, Las Vegas, Los Angeles, and Chicago. When it came to trip duration, 43% of North Americans planned trips for 0 to 3 days during Q2 2016, according to a Sojern report.
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