Sixt SE managed -$16.6 million in earnings before taxes in the first quarter of 2021, with business improving sequentially. U.S. is a bright spot while Europe continues to be affected by the lockdown.
Knighthead, Certares emerge as winners. Distribution of $8 a share “truly historic.” Stock soars 33%.
The sharetoo service is designed to serve municipalities, local associations, businesses, housing complexes, and car dealers who need replacement or test vehicles. Subscription terms are three, six, or 12 months.
For April, Manheim’s rental risk unit share fell to the lowest level since 2002. Rental car companies are net buyers, not sellers, of wholesale used vehicles right now, says Cox Automotive’s Jonathan Smoke.
The “Advanced” level is the highest level of reporting within this framework, proving the implementation of a range of good practices regarding subjects as varied as CSR strategy, governance, anti-corruption, environment, human rights, support for UN goals, etc.
The Georgia Supreme Court ruled that the licensee could not be held liable for injuries to third parties caused by the driver of a stolen rental car — who was also an Avis employee.
By leveraging the Autofleet platform, Bluebird will be able to optimize its fleet’s vehicle placement, match and predict drivers based on demand forecasting to reduce empty rides, optimize allocation efficiency, allow for greater availability in traditionally under-served areas, reduce customer ETAs, and improve overall customer experience.
The Conference of Automotive Remarketing will feature examples of auction companies that not only survived the decreasing vehicle volumes during the pandemic but expanded their business.
Hertz Global Holding’s adjusted EBITDA in the U.S. of $24 million in the first quarter of 2021 is truly a remarkable achievement.
On a year-over-year basis, all major market segments saw seasonally adjusted price increases in April.
Velocicast technology fortifies simulcast capabilities and enhances customer experience.
Vehicle Transport simplifies complex logistics management, enables time and cost efficiency, and reduces risk automakers, dealers and fleets.
Data shows strength in dealers bidding and buying across physical locations, Simulcast, Manheim Express, Manheim.com and OVE.
Figures remain down 16% from year-ago level.
The integration of Middle East's largest personal mobility company, ekar, and CarPro, a car rental fleet management platform, will enable car rental and leasing companies to digitally rent cars via the ekar platform in over 40 countries.