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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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Hertz Global Holdings Inc. has added the Porsche Macan Turbo to its Dream Cars collection, a line of high-end performance vehicles.
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Zipcar and the University of California, Berkeley's Transportation Sustainability Research Center (TSRC), announced that two in five corporate Zipcar members sell or avoid buying a vehicle after joining Zipcar.
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Under the sponsorship agreements, National Car Rental will be the car rental partner for the Kansas City Royals, Los Angeles Angels, New York Mets and St. Louis Cardinals through the 2015-2019 Major League Baseball (MLB) seasons.
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Under the new pilot program set to launch in November,100 electric and hybrid cars will be available to Los Angeles residents in low-income neighborhoods. The program has been funded through a state grant.
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In the next five years, China business travel will increase by 61% (from $261 billion in 2014 to $420 billion in 2019). Asia Pacific owns the largest share of the business travel spend market with 39%, followed by North America with 27%.
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After using safety camera technology in a pilot program, Brisbane Airport’s Europcar saw a 70% reduction in complaints and disagreements about vehicle damage.
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ACE Rent A Car has added 16 affiliated locations to its international network, including 14 airport markets.
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As part of its expansion into the Asia region, Booking Group, an online car rental broker, has partnered with Ctrip, a Chinese-based travel agency.
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Zipcar has appointed Nicholas Cole as its new international president. In this role, Cole will be responsible for driving Zipcar's international expansion in Europe, the Middle East and Africa (EMEA) and Asia and Australia.
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U.K.-based car rental company Green Motion has continued its European expansion into Finland by opening a location near Helsinki-Vantaa International Airport.
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