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Legal & Legislativeby StaffMay 19, 2021

After 20 Years, a Rental Car Thief Faces Justice

After being accused of stealing a rental car from Avis Car Rental almost 20 years ago, a Connecticut woman has been charged with first-degree larceny.

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vEventsby StaffMay 19, 2021

Registration Is Open for 2021 International Car Rental Show

The 2021 ICRS convenes Aug. 15-17 at Caesars Las Vegas.

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Rental Operationsby StaffMay 14, 2021

U.S. Buoys Sixt’s Q1 Performance

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.

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Rental Operationsby StaffMay 12, 2021

Stockholders Claim Victory in Hertz Bankruptcy Auction

Knighthead, Certares emerge as winners. Distribution of $8 a share “truly historic.” Stock soars 33%.

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Rental Operationsby StaffMay 12, 2021

Porsche Bank Launches sharetoo, Subscription Service in Europe

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.

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Fleet Acquisitionby Chris BrownMay 11, 2021

Manheim: Mileage on Rental Risk Units Reach Record Highs

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.

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Green Fleetby StaffMay 11, 2021

Europcar Mobility Group Achieves the UN Global Compact 'Advanced' Level

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.

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Legal & Legislativeby StaffMay 11, 2021

Avis Licensee Prevails in Georgia Liability Case

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.

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Rental Operationsby StaffMay 11, 2021

Bluebird, Autofleet, and ABeam Partner to Optimize, Scale One of Asia’s Largest Taxi Fleets

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.

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Remarketingby Martin RomjueMay 10, 2021

Auctions That Grew Through a Tough Year

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.

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