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At the 2015 International Car Rental Show, Susan Lombardo, Enterprise Holdings’ vice president of vehicle acquisition, was part of the opening keynote panel discussion, which highlighted the U.S. auto rental industry and the essential disciplines in the marketplace.
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Average wholesale used vehicle prices rose in March on both a month-over-month and year-over-year basis — up 4.7% compared to February and up 2% relative to March 2014, according to ADESA Analytical Services‘ monthly analysis of wholesale used vehicle prices. The truck classes (vans, SUVs, pickups) performed much stronger than the car and crossover classes.
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Avis has officially acquired Maggiore Group, one of Italy’s largest vehicle rental companies, for $160 million.
Read More →This renewed partnership will expand Enterprise’s recruitment efforts by providing access to more than 500 university athletic departments.
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Operating since 2000, ASAP Rent provides supplier software solutions for the rental car industry.
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Now called Unlimited Rewards, Avis Budget’s loyalty program reflects the goal to provide infinite rewards for travel professionals.
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Wholesale used vehicle prices fell 0.5% in March and dropped the Manheim Used Vehicle Value Index to a reading of 124.5, almost equaling a year ago (124.4). Rental resale vehicles remained above 45,000 miles, up 8% from a year ago.
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Brad Kjar, director of operations for U-Save Car & Truck Rental, has been appointed to the American Car Rental Association’s (ACRA) Board of Directors.
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The Hawaii Department of Transportation’s Airports Division has awarded a $327 million contract to Honolulu’s Nan Inc. to build a consolidated car rental facility at Maui’s Kahului Airport.
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Ride-sharing Lyft is offering a new profile feature that allows passengers and drivers the option to personalize their accounts by adding facts about themselves.
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