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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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Fábián Automotive is adopting the Carwiz rental model for its business, offering service throughout the country of Hungary.
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The new franchise operation in Costa Rica will provide services across the country, including San Jose, and at airports and urban areas.
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The car rental company opens a number of offices on the island with service at Luis Muñoz Marín International Airport as it expands in the Caribbean.
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Higher volume, lower operating expense drove record net income and EBITDA for Hertz.
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Full year revenues for Avis Budget Group increased 29% compared to 2022 and 31% compared to 2019, beating Wall Street’s expectations.
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New York City’s Department of Transportation plans to add several hundred more on-street parking spaces for the city’s three carsharing companies (Zipcar, Getaround, and Truqit).
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Green Motion participated in sending emergency supplies following the 7.8 magnitude earthquakes that struck two European countries.
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Slovenia has joined the growing list of franchise countries for Carwiz International, following a recent launch in Jordan.
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According to Enterprise Rent-A-Car’s Length of Rental (LOR) data for Q4 2022, LOR is up 1.7 days year over year. Louisiana had the highest overall LOR at 22.3 days.
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Transparency and customer service are no doubt crucial aspects to any business model, but how can those values be leveraged for car rental affiliates? Here’s the story of York and its growing affiliate program.
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