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BMW’s ReachNow carsharing service has added a new park and fly service for the Seattle-Tacoma International Airport.
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Franchise Services of North America Inc. (FSNA) has reported revenue of $2,221,108 from its continuing operations for the second quarter 2016. This is compared to revenue of $2,266,590 for Q2 2015.
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Lyft will soon introduce the ability to add an extra stop into the app during a ride.
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GO Rentals, a New Zealand-based car rental company, has joined forces with the New Zealand Transport Agency and HMI Technologies to test a Bluetooth device that delivers auto safety messages to rental car drivers.
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After comparing rental rates in 50 U.S. cities, CheapCarRental.net found that Philadelphia had the highest daily rate at $83 for August.
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Auction prices for rental risk units sold in July jumped 21% from a year ago because of lower average mileage and a richer mix of units sold, according to Manheim. Wholesale used vehicle prices increased for the fourth consecutive month.
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Advantage Rent A Car and E-Z Rent-A-Car have appointed a new president, chief financial officer, and vice president of revenue management.
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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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