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In November’s 50-city survey, rate quotes for the top 50 airports were down $3.55, the largest one-month drop since the 50-city survey started in May 2013. The Northeast had the highest average quote at $48.45.
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Getaround, a San Francisco-based peer-to-peer car sharing service, has raised $24 million in Series B financing led by automotive giant Cox Automotive — owner of AutoTrader, Kelley Blue Book and Manheim Auctions.
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Kulp Car Rentals plans to open a new Sixt franchise to serve Philadelphia International Airport and other Sixt franchise locations in Philadelphia.
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Car2go North America LLC has launched Mobile Access, an upgraded app feature that allows its car-sharing members to not only search and reserve a car2go vehicle, but also begin their car2go trip via their smartphones.
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Zipcar will be “zipping” into the holiday season with a new five-week campaign offering donations to local charities and special discounts and deals, including an online Zipcar Shop and Zipcar gift certificates.
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Fox Rent-A-Car, the fourth largest car rental agency in the U.S., today announced completion of a new four-year $325 million senior credit facility led by Bank of America and a subordinated loan of $20 million provided by Harvest Capital.
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Enterprise Rent-A-Car has appointed Bioline as its franchise partner in the Baltic states of Estonia, Latvia and Lithuania. Currently, the Enterprise brand is available in 29 European countries.
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Avis Car Rental announced the celebration of operating in the Bahamas for more than 50 years. Today, it has four locations on Grand Bahama and Nassau/Paradise Island.
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In 2015, CarTrawler, an online global car rental platform, will be moving beyond car rental to offer a range of ground transportation solutions, including limousines and taxis.
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Business travel spending in India is expected to grow 8.6% in 2014 to $62.2 billion and increase another 9.5% in 2015 to $28.6 billion, according to the latest semi-annual “GBTA BTI Outlook — India” report.
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