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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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Through a multi-year partnership, Enterprise CarShare fleets will exclusively offer Nissan vehicles on nearly 90 university campuses.
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Ray Waltz, Automotive Finance Corp.'s new director of business development, will help AFC build upon inventory financing in specialty segments, including car rental.
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U.S. car rental revenue fell 3% during second quarter 2015. Hertz attributes the decline to a decrease in airport and off-airport rental volume, due in part to the closure of approximately 200 stores.
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Compared with the previous two quarters, travelers across studied regions searched for destinations closer to home, according to Sojern's Q2 Travel Insights Report.
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National Car Rental is now providing Canadian customers access to the all-new 2016 Nissan Maxima.
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Travelauto.com, a UAE-based car rental and limousine services platform, has added Hungary-based Click Rent rent a car to its car rental platform.
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Car2go is doubling its fleet to 1,250 vehicles in Vancouver. When the extra 625 smart fortwo vehicles are added by the end of September, Vancouver will have the largest car2go fleet in the world.
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Rentis, a car rental company based out of Poland, has become an official partner of Ryanair.
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Europe Luxury Car Hire has launched its new website to reflect a 30% increase in its luxury rental fleet and to enhance the booking process for customers.
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To help with its expansion, Sydney-based carsharing startup Car Next Door is raising between $1.2 and $1.8 million in funding.
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