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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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Following international growth across Europe, UFODrive brings its car rental experience to the U.S. for the first time, launching first in San Francisco this month, with additional cities to follow in the fall.
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The addition of five new affiliate locations adds to the presence of Carwiz in about 30 countries.
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Las Vegas-based Halo.Car has launched a transportation service that allows customers to rent electric vehicles piloted by a remote driver.
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Avis Budget Group’s global revenue of $3.2 billion and net income of $774 million were not only the best second quarter revenue and incomes in the company’s history, but also the best in any quarter ever.
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Data from Jetcost USA reveals which U.S. cities Germans, French, Spaniards, Italians, are looking to visit this August.
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In the Americas segment, Hertz finished with 422,113 average vehicles in its fleet, a 21% gain over the second quarter of 2021, while depreciation per unit fell 36% to only $49 a vehicle.
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Lyft plans to shut down its car rental business and cut about 60 jobs.
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The partnership between Enterprise Holdings and Mercedes-Benz Vans Canada allows for new mobility offerings to customers, adding Sprinter Cargo Vans and Metris Passenger Vans to the rental operation's fleet.
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Merchants will continue to operate independently. The members of the Merchants leadership team will remain in their current roles and will be co-investors in the business.
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Travel + Leisure’s World’s Best Awards 2022 readers’ survey has named National Car Rental as the World’s Best Car Rental Company.
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