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Avis Budget Group Inc. has reported its first quarter 2014 revenue of $1.9 billion, a 10% increase compared to first quarter in 2013. This is primarily due to a 6% increase in rental days and the acquisitions of Payless and Zipcar.
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Zipcar has announced its new ONE>WAY service, which will enable members to take point-to-point trips using Honda Fits.
Read More →Hertz Global Holdings Inc. has announced that it has postponed its planned conference call to discuss its 2014 first quarter earnings results.
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Enterprise Car Sales, a service of Enterprise Rent-A-Car, has opened a new used car location in St. Charles, Mo.
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Peer-to-peer ride-sharing Lyft has partnered with MetLife Auto & Home to provide additional insurance options for protecting drivers and passengers.
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New York-based AllCar Rent-A-Car and its car-sharing company CarPingo have been approved as official government and military car rental providers.
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Action Car Rental, a New York-based independent car rental provider, will be adding four new luxury vehicles to its fleet this summer, including the Mercedes-Benz Sprinter van.
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In a new two-year contract, the Navy Exchange Service Command (NEXCOM) has selected Enterprise Rent-A-Car as the contracted rental car vendor at 18 Navy Exchange (NEX) locations.
Read More →In order to reduce car rental rates, Blancfleet Inc., a New York-based luxury rental car service, uses the crowdfunding method to raise capital.
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Despite two quarters of weaker economic growth in 2013, business travel spending in Brazil is expected to expand 12.5% to $37 billion in 2014 and another 5.9% in 2015, according to the Global Business Travelers Association (GBTA) Foundation.
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