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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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Startup Pogo CarShare has launched its car-sharing service in Edmonton, Canada, with 20 vehicles.
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Avis Car Rental Ireland has been honored as Licensee of the Year in the 2014 Avis Car Rental Licensee Awards for Europe, the Middle East and Africa (EMEA).
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Upon delivery of 1,000 electric vehicles from Kandi Technologies, Chengdu Electric Vehicle Service Co. will start an electric car-sharing program in Chengdu, China, by the end of year.
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GM posted a 30-percent gain in sales to commercial fleets, as well as a 30 percent gain in sales to government vehicle buyers. Sales to rental customers fell 6 percent.
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Operating under the Avancar car-sharing brand, Madrid is the 30th major city opening for Zipcar’s car-sharing service. This follows Zipcar’s recent launch in Paris last month.
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Enterprise Holdings and its affiliate Enterprise Fleet Management generated $17.8 billion in revenue during fiscal year 2014, which ended July 31. Going forward, the company is focused on expansion efforts in the Middle East, Africa and Asia-Pacific.
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Avis Budget Group Inc. has reported revenue of $2.5 billion for its third quarter 2014, a 6% increase compared to third quarter 2013.
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Ryan Johnson, vice president of Enterprise CarShare, Rideshare and Zimride, discussed urban transportation in the SXSW Eco panel October 6-8 in Austin, Texas.
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The launch of car2go in Brooklyn marks the carsharing company’s first expansion in the New York area.
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This is what happens when you’re 7 feet tall and don’t have a car rental reservation.
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