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How Better Cleaning Processes Improve Rental Fleet Efficiency
A consistent approach to vehicle cleaning helps rental operators reduce turnaround delays and return vehicles to service without compromising cleanliness.
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SEARCHMENUSEARCHA consistent approach to vehicle cleaning helps rental operators reduce turnaround delays and return vehicles to service without compromising cleanliness.
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With over 15 years travel and car rental experience, Fabrizio Ruggiero joins CarTrawler to its board of directors.
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As automakers plan to expand electric vehicle models, car rental companies can serve as a way for consumers to try out these new vehicles. However, EVs pose challenges for rental companies when it comes to factors like recharging and vehicle depreciation.
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For the quarter, Avis recorded more than $1 billion in adjusted EBITDA, its best adjusted EBITDA in company history. Stock surges on Avis's electrification intent.
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The EV market has totally evolved in the last decade and will continue to change as EVs become more affordable, longer lasting, and more efficient.
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Part and labor prices have increased 4-8%, while part and labor availability have decreased. Due to difficulties sourcing replacement vehicles, fleets are keeping units in service longer. This caused repair spend to increase in 2021.
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The company's total revenue for the quarter is $2.2 billion, up 19% from Q2 2021.
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Athene is the lead investor in the new mega company, consolidating two of the most well-known fleet companies in the world.
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Starting Nov. 1, drivers can rent Teslas from Hertz in Los Angeles, San Francisco, San Diego, and Washington, D.C., with a nationwide expansion in the works.
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Two of the world’s largest leasing companies are considering combining forces to create a global mobility leader.
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From state-of-the-art onboard sensors to wireless telematics and more, Microsoft Azure is going to help Enterprise scale its fleet to a 350,000+ vehicle connected force by the end of the year. A fully connected worldwide fleet may be just five years away.
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