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The slowing economy has driven average vehicle sale and floor prices past a turning point compared to last year.
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Nina Holmes has been named the on-demand car rental company's chief operating officer.
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Businesses have shown a willingness to get back on the road, but business travel’s growth is expected to decline due to high inflation and a looming recession.
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Hertz's Q3 earnings are up 12% year over year, yet car sales gains came in lower as residual values declined steeper than expected.
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With AI capabilities, Entegral’s software program now features Smart Assist, a new self-serve technology that streamlines the post-accident process.
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Opening November 2023, the Wilkes-Barre/Scranton airport's 2.68-acre conrac site will include two automated car washes, offices and break room, six fueling stations, one fuel tank, and staging for more than 300 vehicles.
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The Los Angeles-based van rental company’s founder passes the torch to Aria Irani, who stepped in as CEO in September 2022.
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The green car rental company's expansion continues with plans for two new locations in Africa.
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All eight major market segments saw seasonally adjusted prices that were lower year over year in the first half of October.
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The transaction values the India-based carsharing service at approximately $456 million. The combined company, Zoomcar Holdings, is expected to list on Nasdaq.
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