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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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Rental car company mergers was a popular topic in the list of the most read news stories on AutoRentalNews.com during 2015.
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The national average length of replacement rental (LOR) rose slightly in the third quarter of 2015 to 11.4 days overall, according to Enterprise’s Automated Rental Management System (ARMS). California saw the largest increase in LOR.
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Hertz Global Holdings Inc. filed its initial SEC Form 10 registration statement, which details the separation of its equipment rental business as a stand-alone, publicly traded company.
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During the year-end holidays, AAA projects 100.5 million Americans will journey 50 miles or more from home, an increase of 1.4% from the 98 million people who traveled last year.
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In the next two months, National Car Rental is adding over a dozen new 2016 vehicle models to its Emerald Aisle, including the Nissan Maxima, Lincoln MKX, Hyundai Tucson and Fiat 500X.
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Zipcar’s recent survey debunks several myths about holiday travel by car.
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The Hertz Corp. won the award for Best Domestic Car Rental Company and Best International Car Rental Company at the 13th annual Travel Weekly’s Readers’ Choice Awards.
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As Europe finally exits a tough economy, market fragmentation, pricing pressures and difficult business conditions pose challenges to growth.
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Pricing in Europe's large markets should remain a challenge due to more suppliers, the emergence of value brands and increased demand for smaller rental vehicles.
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When renting a car in Europe, there are no standardized fees for international one-way rentals— certain countries charge a higher rate than others. International travelers need to do their homework ahead of time and read a rental contract's terms and conditions to avoid surprise fees.
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