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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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U-Haul has sued 14 Chicago-area towing companies and individuals for allegedly towing U-Haul trucks and trailers in order to charge the company "exorbitant and baseless fees" for the return of the equipment, U-Haul has announced.
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Joseph R. Pacifico Jr., co-owner of Pacifico Ford, died on Oct. 6 in Philadelphia. The dealership group is a longstanding fleet supplier to the commercial, rental and government segments.
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In partnership with Bobit Business Media, Frontline Performance Group is conducting a survey to identify the biggest issues facing franchised and independent car rental companies today.
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Hertz Global Holdings Inc. has named Matthew Jauchius as executive vice president and chief marketing officer.
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Avis Budget Group Inc. plans to report its third quarter 2015 results after the market close on Monday Nov. 2.
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A renter in New York was arrested on several counts of fraud, including renting a car with a forged ID and returning to the rental office to get his bag of fraudulent credit cards that he left in the car.
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Avis Budget Group's loyalty program Unlimited Rewards has been named a 2015 Gold Magellan Award winner by Travel Weekly.
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Lyft has announced a pilot program with Hertz where Lyft drivers can rent vehicles at special rates.
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Due to issues with parking permit regulations, BMW’s DriveNow will stop its carsharing service in the San Francisco Bay Area on Nov. 2.
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This new NFL stadium in St. Louis will be named “National Car Rental Field.” The 20-year agreement includes a $158 million investment by National Car Rental.
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