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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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Over three-fourths (78%) of travel managers expect the number of business trips taken by employees at their company will be higher or much higher in 2023 versus 2022, according to a recent poll by the GBTA.
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Nine of the new Tesla Model Y EVs will be available in the company's rental offering, with some already at Auckland Airport.
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The car rental company is offering 25% off long-term rentals to help those who lost their vehicles to the hurricane in Fort Myers, Fla.
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Ride-switching company MirrorTrip matches a user with other people driving in the opposite direction. This turns a one-way trip into a round trip without having to pay drop-off fees.
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A Premier Global Investment Bank and Medalist Partners provides HyreCar with a $100 million revolving line of credit for the carsharing company's anticipated fleet growth.
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After opening in San Francisco, European e-mobility provider UFODrive has launched its electric vehicle rental business in Austin. It plans to open in Manhattan in October.
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The new, COVID-impacted environment has prompted changes in how auto transporters meet the changing needs of fleets.
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Mallo had locations in Ohio and Arizona as well as Las Vegas, which remains to this day. He was also one of the first licensees to open a Budget Car Sales operation.
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The carsharing operator has reached over 25,000 registered vehicles on its marketplace globally within its first year.
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The International Car Rental Show is now accepting submissions for 2023 conference speakers and sessions.
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