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Jay Cadigan will retire from Manheim, capping a 40-year career in the remarketing industry that included stints at auctions, as well as leasing companies and rental car operators.
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In the first half of 2017, Europcar reported revenue of 1.028 billion euros — up 10.1% at constant exchange rates compared with the first half of 2016. Europcar's number of rental days increased to 30 million.
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Hertz France must pay a 40,000 euros fine after personal information from almost 36,000 of its customers was found to be easily available online.
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Sixt Mexico has been awarded as Rentalcars.com’s favorite rental company of 2016 in three of its airport branches: Manzanillo Airport, Morelia Airport, and Torreon Airport.
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Ireland’s GoCar carsharing service has expanded to the city of Limerick. Currently, it's available in Dublin and Cork.
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Taxify, a ride-hailing service in Europe and Africa, has announced a partnership with Didi Chuxing’s mobile transportation platform.
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Zoomcar, an India-based self-driving car rental service, has launched Hop, a one-way intercity self-drive service that will be available in 24 cities across India.
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Avis Budget Group has reported revenue of $2.2 billion for its second quarter 2017, unchanged compared to Q2 2016. This is primarily due to an increase in overall rental days being offset by a decrease in pricing.
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The streak continued in July, with the Manheim Used Vehicle Value Index recording its third consecutive record in July. Driven by the 0.75% month-over-month increase in wholesale used-vehicle prices, the index rose 2.6% from a year ago to 130.1, according to the firm.
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Co-located with Auto Rental Summit at Miami Hilton Downtown, Fleet Forward Conference is designed to bring fleets, fleet suppliers, and technology providers together to provide education and networking on smart mobility concepts and end-user solutions.
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