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In addition to releasing its rental revenue for fourth quarter 2014, Hertz Global Holdings Inc. also announced 21% of its new fleet was delivered and review and investigation of its financial records are ongoing.
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At a press conference last week, the American Car Rental Association (ACRA) joined U.S. Transportation Secretary Anthony Foxx and National Highway Traffic Safety Administrator Mark Rosekind in support of passing legislation that would require rental car agencies to fix safety defects before renting vehicles subject to a recall.
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Average wholesale used vehicle prices rose significantly in January on both a month-over-month and year-over-year basis — up 3.6% compared to December and up 2.4% relative to January 2014, according to ADESA Analytical Services‘ monthly analysis of wholesale used vehicle prices.
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Sixt SE and Sixt rent a car USA LLC have opened a new car rental branch inside Dallas/Fort Worth International Airport’s Rental Car Center. This is Sixt’s second location in Texas.
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Continuing its expansion into Europe, Enterprise Rent-A-Car has launched in Denmark through a joint venture between two Danish businesses: Nordania Leasing and Semler Group.
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Sixt Rent a Car has expanded its international car rental network in the Middle East to include Kuwait, with locations at the Kuwait International Airport and Kuwait City.
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Liftshare.com, a ride-sharing network in Britain, has launched its mobile app on Apple devices.
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Sixt SE’s supervisory board has added two new members to its managing board: Alexander Sixt and Konstantin Sixt.
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As part of Blue Car Rental’s new promotion for 2015, travelers who rent a vehicle for seven days will receive the eighth day for free.
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ADESA will not participate in an automotive remarketing industry initiative to establish a platform that would allow simultaneous bidding on vehicles listed on multiple online auction sites.
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