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Due to the expanded inventory, both brands expect to see more traffic, higher conversion rates, and an increase in car rental reservations.
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In the second quarter 2016, Hertz Global Holdings Inc. has reported its total revenues as $2.3 billion, a 2% decline versus the second quarter of 2015. Hertz had a net loss of $28 million compared to $13 million during the same time last year.
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Didi Chuxing, a China-based ride-sharing company, has announced an agreement with Uber. It will acquire all assets of Uber China for operation within mainland China.
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Europcar has opened its latest location in the London borough of Richmond.
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Novatel Wireless’ fleet management system has been added to Dollar and Thrifty rental locations in South Africa.
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Enterprise Rent-A-Car and the Enterprise Holdings Foundation donated 130 pounds to plant meadow flowers, bulbs, and perennials at seven roundabouts across the U.K.
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Zoomcar, an India-based carsharing service, has raised another $25 million in a Series C round. Ford Motor Co. led investors in this recent round of funding.
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Dollar Rent A Car has opened its 27th branch in Dubai at the Dubai Marina Mall, a location that will provide car rental services to Dubai Marina residential population area and tourists in the city.
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First Car Rental, a South African-based car rental company, has added three new vehicle models to its rental fleet.
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ATL Automotive, a Jamaican-based automotive company and affiliate of Sandals Resorts International Group, will serve as the franchisee for the Enterprise Rent-A-Car, National Car Rental, and Alamo Rent A Car brands in Jamaica.
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