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Colm Brady has been appointed as the new CEO of RentalMatics, replacing outgoing CEO and founder of RentalMatics Colm Menton.
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According to Expedia Group’s Q2 2022 Traveler Insights Report, hotel and flight demand stayed strong and long-haul destinations (more than a four-hour flight) are making a comeback.
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The self-service rental startup took home the win in the Company of the Year category for Transportation – medium-sized companies.
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Compared to the same period last year, Sixt has increased its consolidated revenue by 59.4% to €1.32 billion, the strongest first half of the year in the company’s history for revenue.
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Used vehicles are tracking at a fairly normal pace for supply. Sales have slowed compared to the strong pace in the summer of 2021, but are still relatively healthy.
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The used market this year is feeling the effects of high-inflation and elevated used-vehicle prices. Sales continue to be soft, but the market is not under stress
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Used vehicle consignor CarLotz will enable Shift to pursue a new business plan focused on allowing consumers to buy vehicles online, sight unseen, for pickup or delivery.
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The partnership enables the two brands to install up to 60 DC fast chargers at up to 15 Starbucks stores along a 1,350 mi. route between Denver and Seattle.
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As the global mobility provider reopens both old and new locations in the country, it also rolls out new services, including a flexible car hire program and carsharing pilot.
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The average price for a new electric vehicle – over $66,000, according to Kelley Blue Book estimates – remains well above the industry average and more aligned with luxury prices versus mainstream prices.
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