News

Avis Reports Record $3.5B Revenue in Q3

The rental company saw revenues of $3.5 billion in Q3 2022 — 18% higher than the same quarter last year.

All eight major market segments saw seasonally adjusted prices that were lower year over year in October.

The new location is slated to open at the end of 2022 in Kingston.

As part of its continued growth in Ireland, Enterprise Rent-A-Car has opened its latest branch in Dublin and plans to open more locations this year.

Some manufacturers may be shifting more of their sales to fleet as they see retail sales soften due to consumer economic concerns.

The operator's expansion in Africa continues with the opening of a location in Morocco.

Surprice Car Rentals is now in operation in both Venice and Pisa.

The supply issues plaguing automotive are ameliorating month over month, but to varying degrees depending on fleet type.

The new separator technology aims to enhance all types of lithium-ion cells to improve safety, charging, and battery life.

Telematics data and digital key technology for car rental operators combine thanks to a new integration between the two companies.