Auto Rental News Magazine

Subscribe | Digital Edition

Car Rental Show Event

May 13-15, 2026 | Grapevine, Tx

MENU

China Auto Rental Slashes Prices and Accuses Competitors of Slander

The car rental company’s CEO responded to negative publicity by lowering car rental rates to as low as 50 Yuan per day, which is about $8 (US).

by Staff

December 18, 2012

1 min to read

According to the Global Times, China Auto Rental CEO Lu Zhengyao announced that prices for rental cars would be available at 50% off for one year in response to negative publicity the company claims it has received from its competitors. Prices from China Auto Rental now reach as low as 50 Yuan, which is about $8 (US).

On the microblogging site Weibo, Lu directed angry comments at the company’s competitors telling them to “back off” and “do not cross the line” following the attacks China Auto Rental received for their 5-year anniversary promotion in September.

China Auto Rental told Global Times that it also plans to report evidence of its competitor’s slander to police.

View the full article from the Global Times by clicking on the URL:
http://www.globaltimes.cn/content/749560.shtml

Related news:China Auto Rental Announces $200 Million Investment Funding

Topics:China China Auto Rental Inc.Rental Rates Pricing Rental Operations

More Rental Operations

A tech collage of electronic devices against a computer chip blueprint map.

Rental Operations•May 1, 2026

Why Car Rental Can No Longer Run On Workarounds

The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.

A tech collage of electronic devices against a computer chip blueprint map.

Rental Operations•May 1, 2026

Why Car Rental Can No Longer Run On Workarounds

The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.

A black Audi SUV superimposed on a historic scene from downtown Tashkent, Uzbekistan.

Rental Operations•by News/Media Release•April 30, 2026

Carwiz Sets Up Rental Operations In Central Asia

The global franchise operation reaches a first in its rental fleet portfolio with new service in Uzbekistan.

A raging brushfire in the countryside.

Rental Operations•by Martin Romjue•April 30, 2026

Where Rental Fleets Must Adjust To Shifting Catastrophe Risks

West Coast disasters pose unique challenges and liabilities for rental fleet operators, who are advised to take steps tailored to their specific situations.

ARN Industry Newsmakers thumbnail page with ARN and ICRS logos and shots of Nick DiPrima and Martin Romjue

Rental Operations•by Martin Romjue•April 27, 2026

Using AI To Find Rental Car Damage

Angry car renters are storming social media, the mainstream media, and online ratings platforms to complain about charges they claim are either unfounded or excessive.

Photo of CEO Krešimir Dobrilović against a gray modernist crooked-tile mural display.

Rental Operations•by News/Media Release•April 24, 2026

Carwiz Opens Car Rental Service In Panama

A Carwiz partner in Puerto Rico is taking on the Panama franchise with operations in the nation's largest airport.

Rental Operations•by News/Media Release•April 22, 2026

Flexways Opens 10 Locations Among Franchise, Affiliate Rental Networks

The integrated business model combines each operator’s local expertise with international standards to boost sales.

Photo of a suitcase, passport, and smartphone.

Rental Operations•by News/Media Release•April 21, 2026

Traveler Customer Satisfaction Up This Year Data Study Shows

The study looks at customer analytics to size up performance in car rentals, rideshare, airlines, lodging, and OTAs.

A rental car between two placards showing a symbolic revenue increase from $300 to $1600.

Rental Operations•by News/Media Release•April 20, 2026

New Consulting Company Ready To Boost Point-of-Sale Revenue

Revcuity, an outgrowth of Frontline Performance Group, aims to help clients capture more revenue moments with face-to-face customers, including in the car rental space.

Martin Romjue stands at conference stage podium close to a dangling, glistening chandelier.

Rental Operations•by Staff•April 15, 2026

Meet The (Semi-New) ARN Editor

Martin Romjue has been editing and reporting for ARN since 2023 and fully transitioned to the role of chairman of the International Car Rental Show in 2026.