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Rental Operationsby StaffOctober 14, 2015

Avis Budget to Report Third Quarter 2015 Results

Avis Budget Group Inc. plans to report its third quarter 2015 results after the market close on Monday Nov. 2.

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Remarketingby StaffOctober 14, 2015

Lower Mileage Rental Units Boost Auction Pricing

For September, the average mileage on units sold decreased below 45,000 miles, according to Manheim. Truck prices increased while car prices continued to decrease in September, according to both Manheim and ADESA.

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Rental Operationsby StaffOctober 14, 2015

Renter Returns for Fraudulent Credit Cards

A renter in New York was arrested on several counts of fraud, including renting a car with a forged ID and returning to the rental office to get his bag of fraudulent credit cards that he left in the car.

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Rental Operationsby StaffOctober 14, 2015

Avis Budget’s Loyalty Program Wins Travel Award

Avis Budget Group's loyalty program Unlimited Rewards has been named a 2015 Gold Magellan Award winner by Travel Weekly.

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Rental Operationsby StaffOctober 9, 2015

Hertz to Offer Rentals to Lyft Drivers

Lyft has announced a pilot program with Hertz where Lyft drivers can rent vehicles at special rates.

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Rental Operationsby StaffOctober 7, 2015

DriveNow Suspends Carsharing Service in SF

Due to issues with parking permit regulations, BMW’s DriveNow will stop its carsharing service in the San Francisco Bay Area on Nov. 2.

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Rental Operationsby StaffOctober 7, 2015

National Pays $158M for Naming Rights on NFL Stadium

This new NFL stadium in St. Louis will be named “National Car Rental Field.” The 20-year agreement includes a $158 million investment by National Car Rental.

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Rental Operationsby StaffOctober 7, 2015

GM Launches Carsharing Program in NYC

General Motors' Let’s Drive NYC is available to eligible residents of The Ritz Plaza, a luxury apartment building at Times Square. Residents use a GM mobile app to reserve a vehicle and access parking.

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Rental Operationsby StaffOctober 7, 2015

Rental Car Delivery Startup Raises $1.3M

Skurt, a startup that delivers rental cars, raised $1.3 million from Upfront Ventures and several other companies. Currently, Skurt operates at Los Angeles International Airport.

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Rental Operationsby StaffOctober 7, 2015

Buffalo CarShare Reopens with Zipcar Acquisition

Forced to close, nonprofit Buffalo CarShare has reopened with help from Zipcar.

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