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Wholesale used vehicle prices declined 1% in November, continuing the downward trend that was 0.7% last month, according to Manheim's Used Vehicle Value Index.
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The carsharing app has increased its fleet to cover more areas of Portland and all of Seattle.
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IdeaWorksCompany and CarTrawler project airline ancillary revenue will reach $67.4 billion worldwide in 2016.
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TranSystems Corporation of Ohio has been selected to design a new rental car facility at John Glenn Columbus International Airport.
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The city of Berkeley is now accepting applications from companies interested in providing one-way carshare.
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Hertz has reached a long-term agreement with South America’s car rental company, which includes Localiza's purchase of the Hertz operations in Brazil and combined Localiza Hertz branding in Brazil.
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Los Angeles World Airports has made the first step in the procurement process for the design and construction of the ConRAC project at LAX.
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Franchise Services of North America has announced the opening of two new U-Save Car and Truck Rental locations in the cities of Hattiesburg and Fulton.
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Budget Car Rental has named Budget Iceland as “Licensee of the Year” for the second year in a row.
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Volvo CEO Håkan Samuelsson predicts short-term rental and peer-to-peer carsharing will be the two most popular forms of car usage.
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