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A new threat to used vehicle prices seems to be arising from increased new vehicle incentives, which have been relatively benign through this cycle of price softening.
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The California Public Utilities Commission (CPUC) approved regulations allowing Uber and Lyft drivers to use rental vehicles. The CPUC redefined rental vehicles as personal vehicles for ride-hailing drivers.
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More than 103 million Americans — the most on record — are expected to travel for the year-end holidays, an increase of 1.5% or 1.5 million more people traveling compared with last year.
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MetLife has awarded Enterprise Rent-A-Car with the first Sustainability Products & Services Award for its sustainability efforts.
Read More →New York City will plan to launch a two-year pilot program this spring that will provide 300 parking spots for carsharing vehicles at city-owned parking facilities and 300 curbside spots on local streets.
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In 2016, Hertz received 37 awards for its service around the globe, including recognition for its Gold Plus Rewards loyalty program.
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Delaying a nine-month trial period for ride-hailing companies Uber and Lyft, Long Beach Airport wants the opinion of taxi and car rental companies first.
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Despite highlighting their inspections, the Federal Trade Commission alleges that CarMax, West-Herr Automotive Group, and Asbury Automotive Group failed to adequately disclose that some of their vehicles had open recalls, including the Takata airbag defect.
Read More →Uber has launched UberFLEET, an Android app for its fleet partners in 29 cities across India, according to a report by the India Times.
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Uber will begin offering self-driving Volvo XC90 luxury SUVs to customers in San Francisco, which expands a partnership the companies launched in August to offer self-driving vehicles in Pittsburgh.
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