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BMW’s ReachNow mobility service is unveiling flat rate hourly pricing of $20 for its carsharing program. Currently, ReachNow operates in Seattle, Portland, and Brooklyn.
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In January, all model classes showed month-over-month and year-over-year price gains — except full-size SUV/CUVs, according to ADESA. Overall, wholesale used vehicle prices were up 2.8% compared to December and up 6.7% year-over-year.
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For full-year 2016, Hertz Global Holdings Inc. has reported total revenue of $8.8 billion, a decrease of 2% from $9 billion for 2015. In 2016, Hertz’s net loss was $474 million compared to $115 million in 2015.
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This partnership captures all rental data electronically, including video and photo, contracts, and signatures.
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By partnering with CarTrawler, Justfly.com customers will have direct online access to CarTrawler’s variety of choices for car rental, taxi, private transfer, shuttle, and bus transfers.
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With support of PSA Group and MAIF, an insurance company, French-based TravelCar is launching its peer-to-peer carsharing service in the United States at the Los Angeles and San Francisco airports.
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Uber will be offering rides in its autonomous vehicles in Tempe, Ariz., two months after leaving California.
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As part of the ride-hailing company’s 2017 expansion, Lyft has launched in 50 new U.S. cities, including Iowa City, Bismarck, N.D., Augusta, Ga., Topeka, Kan., Flint, Mich., St. Cloud, Minn., and Columbus, Ohio.
Read More →New-vehicle sales are expected to be down 3% compared to the same time last year, for a total of 1.3 million retail and fleet vehicles sales during February, which lowers the estimated seasonally adjusted annual rate (SAAR) to 17.1 million compared to February 2016’s 17.6 million SAAR.
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In a recent audit, Denver Auditor Timothy O’Brien found that the Denver International Airport lost nearly $1.5 million in rental car concessions over two years.
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