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The final tally for vehicle safety recalls last year shattered the previous record of 30.81 million in 2004.
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Enterprise Holdings announced it has acquired Triangle Rent A Car, based in Raleigh, N.C. The purchase includes the Triangle brand, locations, websites and a majority of its fleet, including its van and truck rental business.
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Online travel agency Expedia announced it has entered into an agreement to acquire Orbitz Worldwide Inc., including all of Orbitz’s brands, for $12 per share in cash. This represents an enterprise value of about $1.6 billion.
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Wholesale used vehicle prices increased in January and pushed the Manheim Used Vehicle Value Index to a reading of 125.3, an increase of 2.5% from a year ago. Additionally, rental resale vehicles remained at the record high mileage level posted in December.
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Pennsylvania’s Lehigh University has partnered with Zimride by Enterprise, a service of Enterprise Rent-A-Car, to launch an online ride-matching service that connects drivers and passengers heading to the same area.
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Peer-to-peer carsharing company FlightCar has expanded its operations to include San Jose International Airport (SJC). The company now serves travelers at all of California’s Bay Area airports.
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For 2015, ride-sharing Lyft has updated its look with a new pink “glowstache.”
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The Bismarck City Commission has decided to work with Conrac Solutions, an operator of consolidated airport facilities, to build and operate a car wash at Bismarck Municipal Airport.
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In the coming months, the city of Boston is planning to launch a one-year pilot program where it will sell at least 200 public parking spots to carsharing companies.
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Full-size cars finished January with the strongest retention value in a month that saw used vehicles depreciate 1.2 percent, according to Black Book's monthly report.
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