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Exotic rental agencies often rely on customers’ personal auto policies to protect six-figure vehicles. But policy language can dramatically change the coverage for vehicles over $100,000 MSRP.
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After a small upturn in rate quotes for March, April, and May, airport rates dropped slightly (74 cents) in June. Summer rental rates may be impacted by England’s decision to leave the European Union; the euro and pound have already been weakened.
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Jack Crawford Taylor built Enterprise Holdings into the world’s largest car rental company and one of the largest private companies in the U.S.
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Hertz Global Holdings Inc. has reached an agreement with Uber Technologies Inc. and Lyft to supply their U.S. drivers with cars under specified rental agreements.
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Nearly 43 million Americans are expected to travel this Independence Day holiday weekend; an increase from the 42.3 million people who traveled last year, according to AAA Travel.
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Express Drive, General Motors’ short-term car rental program for Lyft drivers, has expanded to Boston, Washington, D.C., and Baltimore.
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On June 21, ACE Rent A Car celebrated the grand opening of its new location near Orlando International Airport. The move onto a five-acre property is an upgrade for ACE’s 1,200-vehicle rental operation.
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After launching two and a half months ago, BMW’s ReachNow carsharing service has expanded its Home Area in Seattle and has added 150 MINI Clubman vehicles to its fleet.
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For the quarter ended Dec. 31, 2015, Franchise Services of North America Inc. reported revenue and profit as $2,690,636 and $375,582, respectively.
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Partnering with the Cape Code Regional Transit Authority, Zipcar will offer two of its carsharing vehicles at the Hyannis Transportation Center. It also added two vehicles in Falmouth, Mass.
Read More →North Carolina’s New Bern Airport is considering charging car rental customers a new fee to help pay for improvements at the airport.
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