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European tourists are no longer the top overseas customers in the U.S. rental car market.
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Avis Budget Group Inc. plans to report its second quarter 2015 results after the market close on Monday Aug. 3.
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Chris Craft, president of the Auto/Light Truck and SFG Deposit Divisions of the bank’s Specialty Finance Group, has been named the new president and chief operating officer of the 1st Source Specialty Finance Group. And Greg Brown has been named president of the Auto/Light Truck Division.
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When renters connect or “pair” their smartphones via Bluetooth, the rental car’s infotainment stores their phone numbers and call logs. Because that personal information is saved inside the car’s system, the next renter can find it.
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Enterprise Holdings has hired more than 6,000 military veterans and reservists since joining the ranks of the 100,000 Jobs Mission coalition in 2012.
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Mark Frissora, the former CEO and chairman of The Hertz Corp., has officially been appointed the president and CEO of Caesars Entertainment Corp.
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Zipcar and SHOWTIME are collaborating for the second time to offer Zipcar members the opportunity to attend a complimentary drive-in screening of Showtime’s “Ray Donovan.”
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A woman who died in a car crash last September has been named as the eighth victim killed by defective Takata airbags. The woman rented the Honda Civic with the defective airbag from Sunset Car Rental in San Diego.
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The June 2015 average rate quote was down $4.85 from a year ago, according to The Tennant Group and Rate-Highway’s 50-City rate survey. Last year, a spike in recalls caused rates to increase from the third week of June and all of July, but they dropped by the last week of July.
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In June, General Motors sales were affected by a 45% drop in rental deliveries. GM said it planned this decrease to reduce rental sales in favor of retail and commercial business, which tend to be more profitable.
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