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Eurazeo Wants Out of Europcar

Europcar is trying to attract other industry players to the negotiating table despite the...

The investment firm is looking to sell its 29.8% stake in Europcar by September. If a new owner doesn’t emerge, the company would enter talks on a debt restructuring deal.


RateGain Partners with Thermeon, Bluebird to Maximize Revenue

This partnership combines RateGain’s experience in rate shopping and revenue management...

The RateGain-Thermeon-Bluebird partnership will provide a solution suite comprising an end-to-end seamless automated pricing management, CRS, rental software, and revenue management solutions helping users revenue and pricing teams track and react to changing market conditions faster and with data-based actionable insights.


Scott Solombrino Out at GBTA

Scott Solombrino was promoted to CEO of GBTA in April.

The former CEO of the Global Business Travel Association leaves his post after an investigation into professional work conduct allegations against him.


Move Mee Adds 12 More Sweden Locations

The service is now available in Jönkoping, Frolunda, Borås, Gothenburg Aröd, Gothenburg...

Move Mee's contactless car rental platform provides customers with real-time registration and verification, and allows them to skip the dreaded rental queue in its entirety and go straight to their car on arrival at their destination.


Wholesale Values Start Strong in July

Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased...

Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 4.4% comparing the first 15 days of July to the month of June, according to data published by Manheim.


Liquidation on the Table for Hertz?

The prolonged recovery of the travel industry will drag out the recovery of unsecured creditors’...

A dragged-out post-lockdown recovery, a huge debt pile, and the potential for zero recoveries for unsecured creditors make the Hertz bankruptcy a likely liquidation, says Wall Street analyst Girish Bhise.

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