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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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General Motors has started a new carsharing service called Maven, which will help expand its urban mobility programs.
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After recently investing $500 million in Lyft, General Motors continues to expand its ride-sharing service by buying assets of Sidecar Technologies Inc. Sidecar stopped its ride-sharing and delivery operations on Dec. 31.
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The $316-million rental car facility currently houses 14 car rental brands, including major and independent companies. It can accommodate up to 19 brands.
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Fox Rent A Car has expanded its U.S. growth by opening an affiliate location at Buffalo-Niagara International Airport. This is Fox’s first location in New York.
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In its first four months, BlueIndy’s electric carsharing program in Indianapolis has almost 1,100 memberships. Currently, there are 65 stations and 135 cars.
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As part of the "50 Night Benefit" program for Starwood Preferred Guest (SPG), platinum preferred members can choose to receive a free Silvercar rental for up to five days.
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Enterprise Holdings received Travvy Awards for the “Best International Car Rental Company” and the “Best Fleet.”
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To boost demand during the winter slump, Uber is cutting prices for January rides in more than 100 U.S. and Canadian cities.
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The sale did not include Walser Specialized Services, which provides acquisition services to car rental companies and commercial fleets.
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San Diego International Airport's new Rental Car Center opened on Wed. Jan. 20. Currently, the $316-million facility houses 14 car rental brands, including major and independent companies. Photos by Amy Winter-Hercher, associate editor of Auto Rental News.
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