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FlexClub’s car subscription marketplace has managed to attract the interest of major automotive and car rental brands, with Europcar and MOTUS being the latest addition to their roster of vehicle partners.
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Currently the startup’s vans are available to book, unlock, and drive throughout Los Angeles, San Diego, Sacramento, and Seattle.
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By summer of this year, everything will be ready for first guests and the coming season.
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Sales to fleet buyers were off notably last quarter – down 28% percent from Q1 2020 – but robust retail sales more than covered fleet’s shortfall and provided reason to believe new-vehicle sales have recovered from the pandemic meltdown.
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Strong spring sales thanks to tax refunds and stimulus checks depleted the supply.
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In a potentially rare outcome in a corporate bankruptcy, the revised plan if accepted will amount to a recovery of 60 to 70 cents a share for stockholders.
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Caleb Smith, former vice president of business development for GC Logistics, has been named as U-Save Car & Truck Rental’s new VP of business development.
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While other carsharing firms have exited Philadelphia, Zipcar is “doubling down” on its commitment to the city.
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Fleet IoT Automation is designed to drive efficiencies via pre-built digital workflows for logistics, leasing, rental, and shared mobility, as well as corporate and government motorpool fleets.
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Taking place at the historic Dolce Hayes Mansion and including a virtual component, the 2021 Fleet Forward Conference will gather the fleet community for cutting-edge solutions on electrification, connectivity, sharing, and autonomous technology.
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