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Rental Operationsby StaffOctober 25, 2017

Avis Budget Recognized for Supplier Diversity

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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Remarketingby StaffOctober 24, 2017

October Depreciation Rates Seasonally Low

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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Rental Operationsby StaffOctober 24, 2017

American Car Rental Association Names New Board of Directors

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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Rental Operationsby StaffOctober 24, 2017

Hertz to Announce Third Quarter Financial Results

Hertz Global Holdings Inc. plans to report its third quarter 2017 financial results on Thursday Nov. 9.

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Rental Operationsby StaffOctober 23, 2017

Hyundai Recalls Sonata Cars for Seat Belts

The recall, which includes hybrid vehicles, covers more than 443,000 Sonata sedans in the 2011-2015 model years.

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Rental Operationsby StaffOctober 20, 2017

Sixt to Create 300 Jobs at New Florida Headquarters

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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Rental Operationsby StaffOctober 20, 2017

car2go Adds Mercedes-Benz Vehicles to Portland Fleet

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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Rental Operationsby StaffOctober 18, 2017

Is Ride-Hailing Reducing Number of Vehicles on Road?

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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Rental Operationsby StaffOctober 17, 2017

Enterprise Offers Disaster Relief Aid to Puerto Rico

Enterprise Rent-A-Car Foundation made three donations totaling $250,000 to assist with immediate needs of those in Puerto Rico after Hurricane Maria.

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Rental Operationsby StaffOctober 17, 2017

Fuel Cell Electric Carsharing Program to Launch in California

StratosFuel Inc., a developer of hydrogen fueling stations, received a grant to start its Fuel Cell Electric Vehicle (FCEV) carsharing service in the cities of Ontario and Riverside.

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