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Hertz Global Holdings Inc. has reported revenue of $2.5 billion for its third quarter 2016, a 1% decline compared to last year, due to higher vehicle depreciation and a decline in rate per day.
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Avis Car Rental has launched a promotion for its Avis Preferred loyalty program members. Now through Dec. 31, Avis Preferred members will earn a minimum of 100 Avis Preferred Points on every rental.
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In honor of Veterans Day, Enterprise Car Sales will provide active U.S. military members, veterans, and dependents with a Firestone Prepaid Maintenance Package with their used vehicle purchase during the month of November.
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Sixt Rent-a-Car has released an election-themed social ad campaign starring Jimmy McMillan. With its new "Damn Cheap" campaign, Sixt also announced it will open a new location in New York City in early 2017.
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Zipcar will make over 7,000 vehicles free for its members to use on election night. Select vehicles will be free from 6 p.m. until 10 p.m. to encourage members to #DRIVEtheVOTE.
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General Motors’ carsharing program Maven continues its expansion by launching in Los Angeles. Maven is now available in nine U.S. cities.
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Avis Budget Group has reported revenue of $2.7 billion for its third quarter 2016, a company record. This is a 3% increase primarily due to a 2% increase in pricing in the Americas and a 4% growth in international rental days.
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Enterprise Holdings and Enterprise Fleet Management increased revenue 8.1% to $20.9 billion for the 2016 fiscal year for its rental and fleet management businesses, the privately-held company has announced.
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Glenn Udall, former senior director of fleet procurement and services for Hertz, has joined IoTDrive Automotive (IoTDA) to help with its fleet marketing strategy for its “We Find Keys & Cars” technology. IoTDA’s technology delivers asset location and tracking data for the fleet and logistics markets.
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Skurt, a transportation service that delivers rental cars, has launched in Miami. Skurt partners with rental companies to offer their fleet for daily rental through Skurt’s app.
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