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CarHopper, a luxury vehicle rental booking platform, has closed $1.5 million in seed funding to fuel its launch into four new markets, including Los Angeles, Las Vegas, Miami, and San Francisco.
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With the help of EDNA, a technology startup focused on artificial intelligence, Budget Costa Rica has incorporated a Chatbot, which uses artificial intelligence to answer questions and take reservations in real time.
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Avis Budget Group Inc. has selected Avis Iceland and Budget Lebanon as its Car Rental Licensees of the Year for Europe, the Middle East, and Africa.
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Eco Rent A Car received the National Tourism Award as the Best Ground Transport Company in India.
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The average price of used vehicles model years 2012-2016 fell 0.7% in September, with the lion’s share of that depreciation coming from the car segment, according to Black Book. As of September, all vehicles are averaging a 12-month depreciation of 14.5%.
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In this newly created role, Hiron Menon will oversee all of JUCY’s U.S. operations and marketing functions.
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Hertz Gold Plus Rewards members can participate in the Great Gold Giveaway for a chance to win 1 million Gold Plus Rewards points. These points can be redeemed for up to four years' worth of free rental days.
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Ridecell Inc., a carsharing and ride-hailing provider, has announced the public availability of its autonomous operation platform as well as its acquisition of Auro, a developer of autonomous vehicle technology.
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Wholesale used vehicle prices rose 2.77% in September on a month-over-month basis, which drove Manheim’s Used Vehicle Value Index up 6.3% from a year ago to 134.9, marking five months of consecutive growth.
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Avis Budget Group Inc. plans to report its third quarter 2017 results after the market close on Monday Nov. 6.
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