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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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Continuing to expand across Europe, the Hertz Corp. has opened more than 80 new downtown branches in 2014. One of the latest city locations is Madrid's Puerta de Atocha train station.
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DriveNow, the car-sharing initiative by the BMW Group and Sixt SE, has launched in London with a fleet of 210 vehicles. The all-electric BMW i3 will be introduced to the London fleet in 2015.
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Originally launched in Vancouver in 2011, car2go’s car-sharing service will continue to expand within the city by adding new locations in Richard, British Columbia, and at Vancouver International Airport.
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Singapore is planning to launch an electric car-sharing trial program in the city as early as 2016. Government officials invite electric car manufacturers to submit proposals for a sustainable business model.
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To celebrate the three-year anniversary of its Gold Plus Rewards loyalty program, the Hertz Corp is surprising European customers with luxury car upgrades and giving away thousands of points.
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CarTrawler, an online global car rental platform, has partnered with Abacus International, a travel technology provider in the Asia-Pacific region. This partnership will offer more ground transportation and chauffeur driven services to travel agents.
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Car manufacturing companies Geely Holding Group and Kandi Technologies have launched the first electric car rental service in China’s Hunan Province.
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A judge banned the ride-sharing service Uber from operating in Spain. The rule was a “cautionary measure” implemented while the court examines a case brought by the Madrid Taxi Association.
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The University of Rochester has partnered with Zimride by Enterprise — a free online ride-matching service of Enterprise Rent-A-Car — to offer a ride-sharing network for students, faculty and staff.
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Based in Los Angeles, MPG Car Rental has added the BMW i8 to its all-green rental fleet.
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