In an interview with CNBC, Avis Budget Group’s CEO Joe Ferraro was asked about how the company transitioned into the coronavirus environment and how the Hertz bankruptcy might affect Avis.
Wholesale used vehicle prices increased 8.95% month over month in June, bringing the Manheim Used Vehicle Value Index to 149.3, a 6.3% increase from a year ago and a new record-high for the Index.
Currently available at airports in Las Vegas and Bozeman, Mont., Blacksford has plans in place to expand into a dozen or more airports over the next two years, including Denver International Airport in July 2020.
Commercial fleet sales from nine manufacturers totaled 53,628 in June 2020, representing a 26% decrease when compared to the same time last year, though the declines are not as significant as seen in the last two months, which were both more than 65% drops.
Ridesharing services are now experiencing a steady rise in passengers as Australia's government restrictions are lifted and the economy begins to recover.
Trey Breckenridge of U-Save Car & Truck Rental, and Jennifer Gelder of A Betterway Rent-A-Car Group, an Avis and Budget licensee, have joined the board of directors of the American Car Rental Association.
Green Motion has entered the Spanish market in Barcelona, Malaga, and the Canary Islands.
Miller’s company, Orlando Rentco, will acquire Advantage’s Miami, Tampa, Atlanta, Charlotte, Dallas/Ft. Worth, and Nashville airport locations.
Sixt will take over the airport concessions at Boston, New York’s JFK and La Guardia, New Jersey, Houston, Orlando, Denver, Maui, Honolulu, and Las Vegas.
Faced with the COVID-19 pandemic, Carwiz rent-a-car has focused its strategies on improving business processes and successful crisis management.
By a wide margin, Americans planning trips in 2020 plan will travel by car and stay either at family or friend’s house or hotel.
Named "Easy Péage," this electronic toll collection payment service avoids drivers queuing at conventional cash or credit card toll plazas. It has the advantages of saving time and fuel, while allowing drivers to adhere to social distancing guidelines.
Zoox started in 2014 with the vision of purpose-built, zero-emissions vehicles designed for autonomous ride-hailing, along with an end-to-end autonomy software stack.
Green Motion LAX is in preparation for its launch and has already installed Green Motion's COVID-19 shield customer and staff safety procedures in order to provide a safe and enjoyable experience.
The car rental firm is reportedly paying $13.1 million for the property, including $4 million for the country to demolish the building and clear the lot.