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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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The action covers 2,633 2016 model-year Chevrolet Traverse, GMC Acadia and Buick Enclave vehicles.
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General Motors and Lyft have announced a partnership to create an integrated network of on-demand autonomous vehicles. GM will invest $500 million in Lyft and hold a seat on the company’s board of directors.
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In the past six months, Enterprise Rent-A-Car has opened seven new Exotic Car Collection locations, including Austin, Washington, D.C., Houston, Phoenix and Toronto.
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Indianapolis’ all-electric carsharing service BlueIndy has opened a station with 20 spaces at Indianapolis International Airport.
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As part of the multi-year agreement, Copa Airline’s ConnectMiles loyalty members can save money on Avis and Budget car rentals and earn 100 miles per day when renting a vehicle.
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Silvercar has announced a $28 million Series C equity issuance led by Audi. Silvercar recently launched in Las Vegas, its 12th market.
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The recall, which affects just 90 2016-MY trucks, will let dealers fix a problem related to the air bag sensing and diagnostic module.
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The recall, set to get under way next month, covers more than 21,000 luxury cars in the 2012 and 2013 model years.
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The report covers historical overall U.S. market data by revenue and cars in service from 2015.
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This report covers U.S. car rental market data by fleet, locations, and revenue for 2015.
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