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Telematicsby StaffJune 15, 2020

DOT Creates Forum to Share Autonomous Test Results

The online forum will provide information on automated driving systems and granular data on testing activities. Beep, Cruise, FCA, Local Motors, Navya, Nuro, Toyota, Uber, and Waymo have signed on as the first participants.

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Rental Operationsby StaffJune 15, 2020

Avis Budget Group Appoints Joe Ferraro CEO

After a stint as interim CEO, Ferraro spent five years as president of the Americas division, responsible for the company’s Avis, Budget, Payless, and Zipcar brands in North and South America, including Latin America and the Caribbean.

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Rental Operationsby StaffJune 12, 2020

Hertz Bankruptcy Court Approves $1B Stock Sale

Hertz says the recent increases in its stock “present a unique opportunity for its debtors to raise capital on terms that are far superior to any debtor-in-possession financing.”

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Telematicsby StaffJune 12, 2020

New Tesla Access App Facilitates Peer-to-Peer Sharing

The system update expands Tesla’s carsharing and ride-sharing capability with a window into the functionality of an autonomous carsharing service.

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Rental Operationsby StaffJune 12, 2020

Hertz Launches Double Points Reward, Enhances Sanitation

Data suggests that the COVID-19 lockdown has spurred a new wave of enthusiasm for staycations and road trips, and more Europeans would prefer to avoid public transportation due to safety concerns.

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Rental Operationsby StaffJune 11, 2020

Rate Analysis: Europe Showing Signs of Recovery

RateGain analyzed rate data from airport locations in Europe, finding that advanced reservations for July are showing the first signs of recovery.

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Legal & Legislativeby StaffJune 10, 2020

Hertz Requests Hearing on Potential NYSE Delisting

The potential delisting pertains to New York Stock Exchange regulations that require the average daily closing price of the company’s stock to be more than $1 a day over a consecutive 30-day trading period.

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Rental Operationsby StaffJune 10, 2020

Avon Demonstrates New Disinfectant Process

Avon Car Truck and Van posted a YouTube video that demonstrates the application of Electro-Biocide, an EPA-registered disinfectant proven effective against SARS-CoV-2.

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Rental Operationsby StaffJune 10, 2020

Uber Trials Daily Car Rentals in Australia

The app-based program has started in Brisbane and is slated to expand from Brisbane to Sydney, Melbourne, Perth, and Adelaide.

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Legal & Legislativeby StaffJune 10, 2020

ACRA Seeks Action on New Stimulus Programs

While ACRA’s federal policy priorities for a CARES 2.0 include rent and minimum guarantees relief at airports and liability protection, members are encouraged to sign a letter to jumpstart the Main Street Program.

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