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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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From chip shortages to travel demand post-pandemic, it's been a turbulent time for rental operations lately. Now, more cars are coming, supply is returning, and growth should return in about six months. So, how can you get ready?
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ACRA joined with a group of tourism groups to develop guidelines to help reopen some international travel to and from the United States. The association also announces new and renewing members.
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As Avis Budget Group’s second quarter adjusted EBITDA came in at $624 million, the best in the company's 75-year history.
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Acquired by local car rental entrepreneur Chevaughn Smith, Green Motion Antigua and Barbuda will support the main international airport with a meet and greet service as well as the rest of the islands.
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Enterprise is supporting nonprofit organizations that are addressing social and racial equity gaps facing youth and families in communities across the globe.
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Green Motion Founder and CEO Richard Lowden received his award at the SME National Business Awards event in London last week.
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A full mobility journey on a single platform enables customers to book a car online, go straight to the car, unlock the doors using the mobile app, and drive off — a smartphone is the only thing needed to rent a Liigu car.
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VW has announced details of its plan to purchase Europcar Mobility Group to enhance its service offerings and capitalize on the shift to EVs in the car rental industry.
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New research reveals that price is no longer the primary driver of travel decisions; instead safety and financial security reign supreme.
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Groupe PSA's mobility division launches "Car on Demand" in D.C. with a fleet of Jeep Renegades. The initiative extends Free2Move's carsharing, rent, and park-and ride-services.
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