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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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The new $210-million facility will provide airport customer with improved access to rental cars, with all nine brands being consolidated under one roof.
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Following VW's closing of the Europcar transaction, the manufacturer aims to secure a significant share of the global market for mobility services. Pilot phases of the services are slated to start in Vienna later this year and Hamburg early 2023.
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The first-half total of 341,983 units marks the lowest rental fleet sales in at least 20 years — easily eclipsing the nadir of 788,349 units in H1 2011 as the industry dug out of the Great Recession.
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Totaling more than $7 million in 2022, the organization is awarding its ROAD Forward grants to nearly 700 local non-profit organizations.
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Gowers joins Europcar Mobility Group from European budget hotel operator Travelodge, where he recently served as chief executive.
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Former car rental executive Brad Kjar of Georgia passed away this month at age 51. He had served on ACRA’s board and spent over 20 years in the industry.
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The newest location in Arcadia, California, is Green Motion's latest affiliate opening in the U.S. that includes a fleet from manufacturers such as Tesla, Mercedes, and Chrysler.
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In anticipation of the busy tourist season in Waiheke, GO Rentals opens a new location on the New Zealand Island making this the eighth location in the country.
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The on-demand service announced new openings in Germany and Portugal, as well as five new cities in France, Italy, and the U.K., making Virtuo available in 100 locations across Europe.
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While Thrifty has been able to provide vehicles for its existing corporate customers, there has been a price increase as a result of extended vehicle cycles.
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