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Remarketingby StaffDecember 31, 2014

December Airport Rates Continue Downward Trend

Although airport rates continued to decline in December, Hertz Global Holdings’ recent announcement to increase U.S. retail prices for all Hertz, Dollar and Thrifty car rentals after Jan. 1 appears to have boosted rates this past week.

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Rental Operationsby StaffDecember 30, 2014

Top 10 Auto Rental News Items in 2014

As 2014 comes to an end, take a look back at the 10 most-read news stories on the Auto Rental News website.

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Rental Operationsby StaffDecember 30, 2014

New York City Tops Holiday Rental Rate Survey

For the Christmas period spanning Dec. 23 until Dec. 27, New York City had the highest daily rental car rates at $178, according to a survey from CheapCarRental.net. West Palm Beach followed in second with a daily rate of $133 for the cheapest available car.

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Rental Operationsby StaffDecember 30, 2014

Enterprise Chairman Inducted into Business Travel Hall of Fame

Andy Taylor, executive chairman of Enterprise Holdings, is one of four travel executives recently inducted into the Business Travel Hall of Fame.

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Legal & Legislativeby StaffDecember 30, 2014

Feds Close Books on Auto Bailout

The U.S. government lost $9.26 billion in its financial rescue of the auto industry, and closed out its last investment earlier this month six years after initiating the plan.

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Rental Operationsby StaffDecember 30, 2014

Uber CEO Indicted in South Korea

Travis Kalanick, Uber Technologies Inc.’s chief executive officer, was indicted in South Korea for disregarding a local transportation law prohibiting rental cars from operating as cabs.

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Rental Operationsby StaffDecember 30, 2014

Avis, Budget Fleet Includes Canadian Cars of the Year

Avis Budget Group has announced that three vehicles in its Canadian 2015 model-year fleet (2015 Volkswagen Golf, 2015 Hyundai Sonata and the 2015 Hyundai Genesis) have been named as “Best Cars of the Year” by the Automobile Journalists Association of Canada.

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Rental Operationsby StaffDecember 30, 2014

Hertz New Caledonia Celebrates 50 Years

Opening as the first car rental company on the Pacific island of New Caledonia in 1964, Hertz has expanded to more locations and now has a fleet of 170 vehicles.

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Rental Operationsby StaffDecember 30, 2014

Avis, Budget Acquire Brands in Scandinavia

Avis Budget Group has agreed to acquire its licensee for the Avis and Budget brands in Norway, Sweden and Denmark for approximately $50 million.

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Rental Operationsby StaffDecember 24, 2014

Booking Group Mails Santa Letters Worldwide

For the second year, car rental broker Booking Group sent Christmas cards to children of its clients worldwide. The personal Santa letters were mailed from Santa Claus Village in Lapland, Finland.

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