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Rental Operationsby StaffJuly 11, 2011

Manheim Index Declines Slightly in June

The average auction price for a rental risk unit declined slightly in June, but remained above the $14,000 mark. While average mileage declined slightly from May to June, mileage and price remain at historically high levels.

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Rental Operationsby StaffJuly 11, 2011

AutoShare Adds Electric Vehicles to Network

AutoShare is launching its Plug-in Electric Vehicle program, introducing half a dozen full electric, extended range and plug-in hybrids to its fleet in Toronto in 2011.

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Rental Operationsby StaffJuly 11, 2011

Hertz Extends Exchange Offer to Acquire Dollar Thrifty

The exchange offer and withdrawal rights are now scheduled to expire at midnight EST on August 5, 2011, unless further extended.

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Rental Operationsby StaffJuly 11, 2011

Black Book: 22 of 24 Vehicle Segments Decline in Value

This is the second consecutive week where all 10 car segment types have declined and the fourth straight week of overall car decline, reports Black Book’s Ricky Beggs.

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Rental Operationsby StaffJuly 11, 2011

Westlake Financial Services Partners with Marubeni

The Japanese conglomerate Marubeni Corporation will take a 20 percent stake in the automotive and auto rental financing company. The deal is valued at $250 million dollars in newly issued equity.

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Rental Operationsby StaffJuly 6, 2011

Rental Car Demand Spikes in Japan Quake Area

Demand is 30-50 percent higher year over year, as locals and businesses look to satisfy transportation needs.

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Rental Operationsby StaffJuly 6, 2011

Electric Car Rental Service To Open in Paris

Entrepreneur Vincent Bollore expects 100,000 people to sign up for the service.

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Rental Operationsby StaffJuly 6, 2011

Car Rental Site Warns Over Peer-to-peer Rentals

“While finances may be tight, these types of schemes offer more potential for lawyers to make money out of them than consumers keen to earn some extra income,” says Carrentals.co.uk.

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Rental Operationsby StaffJuly 6, 2011

Avis Budget Chairman Ronald Nelson Receives Award for Fight against Cancer

Nelson has received the 2011 Donald A. Gemson Cancer Prevention Public Policy Award, which recognizes leaders for broad-based policy change in the fight against cancer.

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Rental Operationsby StaffJuly 5, 2011

Payless Opens Corporate-owned Store in Albuquerque

Location serves Albuquerque International Sunport Airport (ABQ) at the Sunport Car Rental Center.

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