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NewsOctober 7, 2014

eHi Auto Services Files for IPO

Shanghai-based eHi Auto Services, a Chinese auto rental and chauffeuring company, has filed for an initial public offering (IPO).

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NewsOctober 7, 2014

Avis India Plans to Expand Fleet

Avis India plans to invest approximately $40 million (Rs 200 crore) to increase its fleet size in the next 12 to 18 months.

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NewsOctober 7, 2014

Hertz Launches Golden Tickets Drawing in Europe

Known as the Golden Tickets drawing, Hertz has started a new giveaway for customers across Europe to win 50 prizes including flights and luxury car rentals.

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NewsOctober 7, 2014

car2go Calgary Exceeds 65K Members

car2go North America LLC, a wholly-owned subsidiary of Daimler North America Corp., has exceeded 65,000 members in Calgary, Canada.

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NewsOctober 7, 2014

Moneymaxim Acquires UK Car Rental Websites

Moneymaximiser Limited, the operator of the U.K. car rental insurance comparison site moneymaxim.co.uk, has acquired CarhireX group’s car rental websites.

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NewsOctober 7, 2014

Hertz Portugal Offers Car, Golf Rental Package

Hertz Portugal has partnered with MyCaddyMaster, a golf clubs rental company, to offer a combined car and golf equipment rental package.

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NewsOctober 7, 2014

Avis Honored in African Region

Avis Car Rental recently received several honors in the Africa region, including leading car rental company for Kenya, Morocco and Nigeria.

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NewsOctober 7, 2014

Sixt Relocates London Airport Branch

Sixt’s branch at London’s Luton Airport has moved to a new location, a few minutes outside the airport.

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NewsOctober 1, 2014

Flat Airport Rental Rates Continue in September

In September’s 50-city survey, rate quotes for the top 50 airports were down 0.6% from a year ago, the second consecutive month with a drop from last year. Washington D.C.’s Reagan National Airport had the highest average quote at $76.64.

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NewsOctober 1, 2014

Hertz to Pay Frissora $10.5M in Separation Agreement

As part of a separation agreement, Hertz Global Holdings Inc. will pay former CEO Mark Frissora about $10.5 million in cash, which includes his annual bonus for 2013.

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