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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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Compared to June, a recent Global Business Travel Association (GBTA) poll shows a 12% increase in companies opening business travel, but government policies relating to international business travel continues to impact companies.
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Argo AI and Ford will deploy Ford self-driving cars, with safety drivers, on the Lyft network with passenger rides beginning in Miami later this year and in Austin starting in 2022.
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Sixt issued a forecast for the full year for the first time since the outbreak of the pandemic, but the forecast was conditioned on assumptions that the COVID-19 pandemic stays in check, that price levels remain high, and that vehicle supply shortages won’t worsen.
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Hertz and Discover the World have held a long-term partnership for more than 26 years, operating as the Hertz general sales agent across many Asian countries as well as in the Ukraine and Guatemala.
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In its latest market trends report for Europe, WeYield found that utilization is down 18% in July year over year and that cancellations have increased 10 times over than last year. Trends are better for August.
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Zeeba plans to expand its fleet to 10,000 vans by the end of 2023, the company says.
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The final concrete was poured on July 12 for the consolidated rental car facility — one of the largest in the world — which will open in 2023.
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The heart of the Dutch Caribbean, Curaçao is known for its stunning beaches tucked into coves and its expansive coral reefs rich with marine life.
Read More →Customers who join Hertz’s Gold Plus Rewards loyalty program will be upgraded to Five Star elite status for the rest of the year. And current loyalty members can earn double points for rentals.
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Enterprise Flex-E-Rent has added 50 Mercedes eSprinter vans and 50 Mercedes eVito Panel vans to its locations in the South of England and the Midlands. Each van has a range up to 90 miles.
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