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Hyundai Motors and WaiveCar, an all-electric carsharing service that runs on advertising dollars, have announced a partnership that will give consumers the ability to drive the new Hyundai IONIQ electric sedan for two hours at no charge.
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Wholesale used-vehicle prices in October averaged $10,499, a decline from September but a 3% increase on a year-over-year basis.
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Hyundai will offer a subscription-based approach to vehicle ownership with its 2017 Ioniq Electric sedan that will allow customers to acquire the vehicle for a fixed monthly fee that covers all costs of ownership, Hyundai announced ahead of the Los Angeles Auto Show.
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General Motors’ carsharing service Maven has teamed up with Uber to provide Uber’s ride-sharing drivers the option to lease vehicles by the week or longer at discounted rates. The 90-day pilot will launch in San Francisco.
Read More →Billionaire investor Carl Icahn has more than doubled his stake in Hertz Global Holdings Inc. after the rental company reported a loss in its third quarter profit.
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Under the multi-year agreement, Avis Budget Group will continue to provide AARP members with discounted rates on rentals with Avis Car Rental, Budget Car Rental, Budget Truck Rental, and Payless Car Rental.
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December travel peaks around the world primarily due to holidays celebrated within the month, according to a report by Sojern. Globally, the most popular days that travelers have searched to fly are December 22 and 23.
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Advantage Rent A Car, operator of the Advantage and E-Z Rent-A-Car brands (AEZ), has announced the opening of a new rental location at Philadelphia International Airport.
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Residents of Connecticut and New York can now test-drive and purchase well-maintained, late-model vehicles from Avis Car Rental and Budget Car Rental through Avis Budget Group's consumer car sales program.
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BMW’s ReachNow will begin testing several new carsharing services in Seattle and New York targeted toward expanding mobility for individuals and possibly business users.
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