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News•by Staff•July 29, 2022

Hertz Posts Q2 Revenue of $2.3B, Net Income $940M

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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News•by Staff•July 26, 2022

Lyft to Close Rental Car Business

Lyft plans to shut down its car rental business and cut about 60 jobs.

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News•by News/Media Release•July 21, 2022

Mercedes-Benz Vans Canada to Partner with Enterprise Holdings

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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News•by News/Media Release•July 21, 2022

Bain Capital and ADIA to Acquire Merchants Fleet

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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News•by News/Media Release•July 20, 2022

National Car Rental Featured in World’s Best Awards

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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News•by News/Media Release•July 20, 2022

Carsharer Getaround Expands Service in New York

The Peer-to-Peer Car Sharing Program Act (Senate Bill S6715) now allows Getaround to provide platform insurance to cover trips within New York at no extra cost to the user.

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News•by News/Media Release•July 14, 2022

Carwiz Deploys New Mobile Customer Review App

FastReview, a mobile application, works by placing a Fast Review card inside business offices. Users shares their experience by leaning their phone against the card.

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News•by News/Media Release•July 13, 2022

Sixt Expands into Canada

The brand's first Canadian branch will be located in downtown Vancouver.

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News•by Staff•July 13, 2022

NuVinAir Grows Franchise Footprint to 32 States

The automotive cleaning product company has added Illinois to its roster of franchise program states.

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News•by News/Media Release•July 12, 2022

Avis, Hertz to Announce Q2 Financial Results

Both rental car companies plan to report their second quarter 2022 financial results in the next few weeks.

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