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Rental Operationsby StaffMay 8, 2018

Hertz Improves Revenues, Narrows Loss in Q1

In the first quarter of 2018, Hertz Global Holdings reported total revenues of $2.1 billion and decreased net loss by 9% based on an increase in transaction days, a decrease in per-unit depreciation expense, and an increase in pricing excluding ride-hailing rentals.

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Green Fleetby StaffMay 8, 2018

Didi Chuxing, Auto Partners Form Global Carsharing Alliance

The 31 founding partners span the areas of OEM, parts and components manufacturing, electric vehicle services, and digital map services.

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Fleet Acquisitionby StaffMay 7, 2018

Edge Auto, Budd Enterprises Merge, Expand NYC Rental Offerings

The acquisition has enabled Edge Auto Rental to expand into the trucking and labor sector by adding CBS Network, NY Philharmonic Concerts in the Parks, and the Metropolitan Opera, to its roster.

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Rental Operationsby StaffMay 7, 2018

Avis Grows Revenue 7%, Record $2 Billion in Q1

Revenue growth was driven by a 5% increase in total rental days and strong pricing.

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Rental Operationsby StaffMay 7, 2018

Avis Sues for Vehicle Damage, Breach of Contract

Avis is seeking payment for the damages, attorney fees, and court costs.

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Legal & Legislativeby StaffMay 7, 2018

Toronto Approves Carsharing Pilot Program

The pilot allows up to four different companies to provide service with a maximum of 500 cars each, and the permits provide access to all of the residential parking zones across the city, except those that have already reached 95% subscription.

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Rental Operationsby StaffMay 7, 2018

[VIDEO]: Honolulu Uber Driver Threatens Taxi with Knife

Honolulu police are investigating a road rage incident in which an Uber driver waved a knife at a Charley's Taxi. Despite a visible license plate, police do not guarantee that the perpetrator can be found.

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Rental Operationsby StaffMay 7, 2018

Avis Sued for False Grand Theft Auto Charges

The suit alleges the charges negatively affected the plaintiff and his business; he is seeking unspecified monetary damages at a jury trial.

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Rental Operationsby StaffMay 7, 2018

Europcar Acquires Belgian Scooter-Sharing Startup

Scooty will be operated as a separate brand of the Europcar Group.

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Rental Operationsby StaffMay 7, 2018

Aptiv, Lyft to Launch 30 Autonomous Vehicles in Las Vegas

Aptiv autonomous vehicles on the Lyft network will be available to the general public in Las Vegas starting May 3.

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