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Rental Operationsby StaffApril 26, 2017

Getaround Raises $45M in Funding

Getaround Inc., a peer-to-peer carsharing platform, has raised $45M in new capital. With this capital, it plans to expand to additional North American markets.

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Rental Operationsby StaffApril 24, 2017

CarHopper Expands Rental Services to 4 New Cities

CarHopper, a car rental booking platform, has started operating in Los Angeles, Las Vegas, Orlando, and Fort Lauderdale. Now focusing on luxury car rentals, CarHopper has raised $1.5 million in seed funding.

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Rental Operationsby StaffApril 21, 2017

Mex Rent A Car Opens in Iceland

Mex Rent A Car has launched an affiliate location at Iceland's Keflavik International Airport.

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Rental Operationsby StaffApril 21, 2017

Hyundai Offers Subscription Service for Ioniq Electric

Hyundai will offer its 2017 Ioniq Electric compact sedan as part of a subscription program in California that allows users to drive the car for at least $275 per month plus tax for 36 months without mileage penalties.

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Remarketingby StaffApril 19, 2017

March Prices Down for Used 1- and 3-Year-Old Vehicles

In March, prices were down 2.5% year-over-year for current and one-model-year-old units and down 2.6% for three-model-year-old units, according to ADESA. Overall, wholesale used prices were up 2% compared to February and up 1% year-over-year.

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Rental Operationsby StaffApril 19, 2017

Hertz Launches Carbon Offset Program

The new program provides corporate customers worldwide with the opportunity to reduce the carbon footprints associated with their vehicle rentals through the purchase of carbon offsets.

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Rental Operationsby StaffApril 19, 2017

Ride-Hailing Services Add Traffic to Denver Roads

According to a University of Colorado study, about 34% of people would have taken transit, biked, or walked if they hadn’t used ride-hailing services like Uber or Lyft. Passengers in Denver, Boulder, and various nearby suburbs were surveyed for four months.

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Rental Operationsby StaffApril 19, 2017

AAA Launches Carsharing Service in California's Bay Area

AAA Northern California, Nevada, and Utah is starting Gig Car Share in Oakland and Berkeley. It will be the Bay Area’s only one-way carsharing service.

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Rental Operationsby StaffApril 19, 2017

National Car Rental Named Rental Partner of Red Sox

National Car Rental has announced a new sponsorship agreement designating National as the Official Car Rental Partner of the Boston Red Sox through 2021.

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Rental Operationsby StaffApril 19, 2017

Automaker PSA Group Starts Carsharing in U.S.

With its partner Travelcar, PSA Group’s mobility brand Free2Move has launched its first U.S. carsharing service at Los Angeles International Airport. It plans to expand to other U.S. cities.

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