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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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Dent Wizard International, a developer of automotive reconditioning, has introduced Ready Line Express. This consolidated source for repair techniques includes paintless dent repair, minor paint repair, bumper repair, wheel repair and interior repair.
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Partnering with Otokoç Otomotiv, Zipcar launches its carsharing service in Istanbul, Turkey. This partnership is Zipcar’s first licensee.
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By 2020, Europcar UK has announced that 5% of its fleet will be electric vehicles by 2020. To get started, Europcar has launched a new fleet of Nissan Leaf electric vehicles.
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Fox Rent-A-Car has partnered with Andy’s Rent-a-Car, a family owned and operated car rental company in the Grand Cayman Islands.
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CarTrawler, an online global car rental platform, has partnered with Pivigo Academy, the organizers of a science summer school in London dubbed “S2DS” (Science to Data Science). CarTrawler uses data science to anticipate the customer’s needs.
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Travelauto, a UAE-based car rental and limousine services platform, has added Turkish-based Active Rent a car to its portal to provide car rentals in over 81 cities and 55 airport locations.
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Live Nation Australasia has announced an official partnership with Europcar as its exclusive car rental partner across Australia and New Zealand.
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Enterprise Rent-A-Car has announced the acquisition of City Car Club, a Britain-based carsharing company. This will help strengthen the Enterprise CarShare brand in the U.K.
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The car rental industry remembers Frank Colonna (1953-2015), founder of Triangle Rent A Car and board member of the American Car Rental Association.
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For the 16th consecutive year, Avis Car Rental has maintained its No. 1 car rental status in the Brand Keys Customer Loyalty Engagement Index, which examined 540 brands in 64 categories.
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