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Rental Operationsby StaffFebruary 14, 2017

Hertz to Announce Q4, Full-Year Earnings

Hertz Global Holdings Inc. will host a live webcast discussion of its 2016 fourth quarter and full-year financial results on Tuesday Feb. 28.

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Remarketingby StaffFebruary 14, 2017

Enterprise Car Sales Generates $575M in Auto Loans

The service from Enterprise Rent-A-Car generated $575 million in loan volume to more than 31,000 credit union members during 2016 — a 15% increase in loan volume compared to the previous year.

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Legal & Legislativeby StaffFebruary 14, 2017

Upstate New York Passes New Ride-Hailing Bill

The bill will lower taxes on ride-hailing rides to 2% and will force transportation network companies (TNCs) like Uber and Lyft to have their drivers undergo background checks.

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Rental Operationsby StaffFebruary 14, 2017

Avis Budget Offers Visa Checkout for Online Payments

Avis Budget Group has announced the availability of Visa Checkout as a payment option for Avis Car Rental and Budget Car Rental customers.

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Rental Operationsby StaffFebruary 10, 2017

Ford Invests $1B Toward 2021 Autonomous Vehicle

Ford will invest $1 billion in Pittsburgh-based Argo AI, a startup focusing on artificial intelligence, to develop a software platform for a fully autonomous vehicle it plans to make available for ride hailing in 2021.

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Remarketingby StaffFebruary 10, 2017

Pickups Show Lowest January Depreciation

Small and large pickups were among the top performing segments in January with a 1.1% depreciation rate among two- to six-year-old vehicles sold in auction lanes, according to Black Book.

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Rental Operationsby StaffFebruary 10, 2017

GM’s Maven Carsharing Launches in Atlanta

GM’s Maven City carsharing program has expanded to Atlanta. Registered members will have access to 50 carsharing vehicles at more than 20 locations throughout the city.

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Rental Operationsby StaffFebruary 9, 2017

Unfixed Vehicle Recalls Increase 34% Year-Over-Year

Currently, more than 63 million vehicles with open, unrepaired recalls are in use across the U.S., according to Carfax. People in California, Texas, Florida, Pennsylvania, and New York have the most vehicles with open recalls.

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Rental Operationsby StaffFebruary 9, 2017

Zipcar to Supply Vehicles for Uber Drivers

Launching first in Boston, Zipcar’s new program will provide Uber drivers the opportunity to rent its carsharing vehicles.

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Remarketingby StaffFebruary 9, 2017

Used Vehicle Volume Grew 6% in '16

The National Auto Auction Association (NAAA) estimates that its members sold 9.9 million vehicles in 2016, a 6% improvement over the year before, according to Manheim’s 2017 Used Car Market Report.

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