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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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A man was arrested in Chicago last week after he rented a stolen rental car from the man who stole it.
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The Tennant Group has announced that its spring 2015 round-table meeting will take place May 3-5 at the Charleston Place Hotel in Charleston, S.C.
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Avis Budget Group Inc. has agreed to purchase the Maggiore Group, one of Italy's largest independent car rental companies, for approximately $170 million. The Maggiore Group operates more than 140 locations throughout Italy.
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In addition to releasing its rental revenue for fourth quarter 2014, Hertz Global Holdings Inc. also announced 21% of its new fleet was delivered and review and investigation of its financial records are ongoing.
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Sixt SE and Sixt rent a car USA LLC have opened a new car rental branch inside Dallas/Fort Worth International Airport’s Rental Car Center. This is Sixt’s second location in Texas.
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Continuing its expansion into Europe, Enterprise Rent-A-Car has launched in Denmark through a joint venture between two Danish businesses: Nordania Leasing and Semler Group.
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Sixt Rent a Car has expanded its international car rental network in the Middle East to include Kuwait, with locations at the Kuwait International Airport and Kuwait City.
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Liftshare.com, a ride-sharing network in Britain, has launched its mobile app on Apple devices.
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Sixt SE’s supervisory board has added two new members to its managing board: Alexander Sixt and Konstantin Sixt.
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As part of Blue Car Rental’s new promotion for 2015, travelers who rent a vehicle for seven days will receive the eighth day for free.
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