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The Hertz Corporation signed an agreement with Mitsubishi Motors to add the pure-electric vehicle i-MiEV city car to the fleets of Hertz and car sharing club Connect by Hertz in the United Kingdom.
Read More →Zipcar raises $174.3 million in its first day of trading on April 14.
Read More →The NJ Commerce and Economic Development Committee approved a proposal that would exempt car-sharing programs from a $5 state surcharge on vehicle rentals.
Read More →The city of Chicago has partnered with Zipcar to create an integrated program that will turn the existing fleet into a car-sharing network, potentially saving the city thousands of dollars over the next several years.
Read More →Car rental fees could increase from $3 to $7.50 per day.
Read More →Budget Rent a Car of Buffalo will be the sole operator of the John Wayne Airport Budget, as well as a Budget location on South Harbor Blvd. in Anaheim.
Read More →Edmunds.com found that Honda’s average projected retained value is 50.4%, while Lexus’ average projected retained value is 48.1%. The award is based on the average five-year retained value of the carmaker’s 2011 models.
Read More →Due to parts availability following the March 11 Japan earthquake, Toyota’s North American vehicle plants will suspend production on April 15, 18, 21, 22, and 25.
Read More →Initial public offering could come as early as April 13.
Read More →The program is starting with 10 cars which will be placed in areas that have heavy foot traffic and access to public transportation.
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