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Enterprise Holdings achieved annual revenues of $22.3 billion in fiscal year 2017, while fleet size remained equal to 2016 at 1.9 million vehicles. Share of airport business is now 38%.
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ACE Rent A Car and Advantage Rent-A-Car earned the highest rates on the Temkin Group’s Loyalty Index report for 2017.
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Avis Budget Group Inc. has been honored with awards for its efforts in promoting opportunities for disadvantaged, minority, and women-owned businesses.
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Depreciation trends for both car and truck segments are seasonally lower than what is normally expected this time of year, according to Black Book’s Oct. 23 Market Insights report.
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Joe Knight has resigned as president of the American Car Rental Association (ACRA) but will remain on the board. Bill Plamondon has been named the new president, Robert E. Muhs is the new vice president, and Eric Rothman was appointed as a new board member.
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Hertz Global Holdings Inc. plans to report its third quarter 2017 financial results on Thursday Nov. 9.
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The recall, which includes hybrid vehicles, covers more than 443,000 Sonata sedans in the 2011-2015 model years.
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Sixt North America has selected Fort Lauderdale as the location for its new expanded North American headquarters. The expansion will create 300 new jobs and invest $10.4 million in the local community.
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car2go has updated its Portland, Ore., fleet to be fully comprised of compact Mercedes-Benz CLA and GLA vehicles. The company will retire its two-seater smart fortwo vehicles.
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A study by the University of California Davis’ Institute of Transportation Studies looked at the adoption, utilization, and impacts of ride-hailing (Uber and Lyft) in the United States.
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