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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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Avis becomes car rental supplier for 3RD HOME, a reciprocal travel club for owners of luxury second homes.
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Investment activist firm becomes Hertz's second-largest shareholder behind Carl Icahn.
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Elio Motors Inc.’s application for an Advanced Technology Vehicles Manufacturing (ATVM) loan has passed the initial review phase. Elio is seeking a $185 million ATVM loan to accelerate plans to begin production of its enclosed, three-wheeled vehicle.
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Enterprise Holdings has provided contact information for its service centers to more than 7,400 local governments who need to issue fines for car rental customer traffic citations.
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After the TV show “South Park” featured actor Matthew McConaughey driving a Zipcar car-sharing vehicle, Zipcar Boston has named its Lincoln MKX the “McConaughey.” The show pokes fun of McConaughey’s recent commercials with Lincoln.
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Avis Budget Group Inc. has agreed to acquire its Budget Car Rental licensee for Southern California and Las Vegas for approximately $210 million, plus the cost of acquired fleet.
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Genesha Bradley, a National Car Rental shuttle driver, was suspended without pay after she stopped her shuttle bus at Los Angeles International Airport to snap a selfie with comedian/actor Kevin Hart. Hart then made a video pleading with National to give Bradley her job back.
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More than 90% of travel managers said domestic business travel has not been impacted at all or has not been impacted by much by the Ebola outbreak during this past month, according to a Global Business Travel Association (GBTA) poll.
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Enterprise CarShare has launched a new mobile app for smartphone users to make reservations, choose pickup locations and extend rentals. Over the past year, the car-sharing service has launched more than 30 new U.S. programs.
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United Airlines has expanded its partnership with Hertz, naming the car rental company as its exclusive car rental partner beginning Nov. 1.
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