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The Enterprise Rent-A-Car Foundation has announced a $30 million donation to The Nature Conservancy. The five-year donation helps support the nonprofit's long-term water resource management initiatives in the U.S., Canada, and Europe.
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Vehicles over 100,000 aren’t depreciating at the same as they used to due mostly to a tight supply of late-model used vehicles, according to Edmunds’ Q3 Used Vehicle Market Report.
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Green Motion, an environmentally-friendly rental company, has launched its new in-store brand concept at several locations in the United Kingdom.
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Cadillac has rolled out its Book vehicle subscription service in Los Angeles and Dallas, after introducing it in New York City in January.
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Hertz has partnered with Travelport, a travel commerce platform. The vehicle rates accessible on Hertz.com and the Hertz mobile app will now be available for all Travelport clients.
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Rentcars.com, a global online travel agency specializing in car rentals, has announced a new partnership with America Car Rental in Mexico.
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International car rental company iSuperdrive.com allows customers to rent luxury cars through local owners in the U.K. and abroad.
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For the third quarter 2017, Hertz Global Holdings Inc. has reported its total revenues as $2.6 billion, a 1% increase year-over-year. CEO Kathryn Marinello is encouraged by Hertz’s process but admits the company still has a lot of work ahead.
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Wholesale used vehicle prices rose for the sixth month in a row in October, increasing by 1.02%, according to Manheim’s October Used Vehicle Value Index. This brought the index to 136.3, an 8.1% rise from a year ago.
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For the fourth year in a row, Enterprise Rent-A-Car is ranked highest in satisfaction among rental car companies, according to the J.D. Power 2017 North America Rental Car Satisfaction Study. Enterprise Holdings’ other brands National and Alamo took second and third.
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