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Rental Operationsby StaffDecember 22, 2015

Zipcar Debunks Myths About Holiday Travel

Zipcar’s recent survey debunks several myths about holiday travel by car.

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Rental Operationsby StaffDecember 22, 2015

Hertz Named Best Car Rental Company

The Hertz Corp. won the award for Best Domestic Car Rental Company and Best International Car Rental Company at the 13th annual Travel Weekly’s Readers’ Choice Awards.

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Legal & Legislativeby StaffDecember 16, 2015

Fed Raises Interest Rates by Quarter-Percentage Point

The Federal Reserve announces the first rise in U.S. interest rates since 2006. This marks the end of a seven-year monetary policy to hold the rate near zero.

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Rental Operationsby StaffDecember 16, 2015

U.S. Car Rental Industry Revenue Tops $27 Billion

Total revenue in the U.S. car rental market is expected to reach $27.106 billion in 2015, though industry-wide revenue per unit, per month dipped slightly to $1,035.

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Legal & Legislativeby StaffDecember 16, 2015

Safe Rental Car Act Passes as Part of Highway Bill

The Raechel and Jacqueline Houck Safe Rental Car Act was signed into law on Dec. 4 as part of the Fixing America’s Surface Transportation (FAST) Act (H.R. 22).

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Rental Operationsby StaffDecember 16, 2015

New York City Tops Rental Rates During Christmas

New York City will have a $102 rate per rental day, according to CheapCarRental’s survey, which compares the rate for the cheapest available rental car in 30 U.S. cities from Dec. 23 through Dec. 27.

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Remarketingby StaffDecember 16, 2015

November Used Vehicle Prices Continue Upward Trend

Average wholesale used vehicle prices were up 1.1% month-over-month in November — largely driven by truck prices as in previous months, according to ADESA.

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Rental Operationsby StaffDecember 16, 2015

Airport Rental Car Tax to Close Newark's Budget Gaps

New Jersey legislators have approved a bill that will allow Newark Liberty International Airport's car rental tax to be used toward the city’s budget deficit.

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Rental Operationsby StaffDecember 16, 2015

Hertz Offers Discount to AAA Members

From now through Jan. 31, Hertz is offering 30% off daily rentals — plus an additional $40 off weekly rentals — for AAA members.

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Rental Operationsby StaffDecember 16, 2015

Sixt’s Transportation Service Launches in Chicago

Operating in several European cities, Sixt’s myDriver transportation service has now arrived in the U.S. It specializes in airport transfer and chauffeur service.

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