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Rental Operationsfrom News/Media ReleaseJuly 29, 2022

What Are Europeans' Favorite U.S. Destinations?

Data from Jetcost USA reveals which U.S. cities Germans, French, Spaniards, Italians, are looking to visit this August.

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Rental Operationsby StaffJuly 29, 2022

Hertz Posts Q2 Revenue of $2.3B, Net Income $940M

In the Americas segment, Hertz finished with 422,113 average vehicles in its fleet, a 21% gain over the second quarter of 2021, while depreciation per unit fell 36% to only $49 a vehicle.

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Remarketingby Martin RomjueJuly 29, 2022

Car Market Shows Signs of More Buyer-Seller Balance

Auctions received vehicles from a more diverse stream of sources in the last quarter as data could be signaling some inflection points in the market.

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Remarketingfrom News/Media ReleaseJuly 27, 2022

July Auto Sales Drop as Headwinds Slow Recovery

Rising interest rates and low consumer sentiment are keeping many potential buyers out of the market while higher gas and vehicle prices are decreasing affordability.

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Green Fleetfrom News/Media ReleaseJuly 27, 2022

Cadillac Reveals All-Electric CELESTIQ Show Car

The luxury automaker has put forward its vision of design, technology and bespoke craftsmanship for its flagship electric sedan

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Rental Operationsby StaffJuly 26, 2022

Lyft to Close Rental Car Business

Lyft plans to shut down its car rental business and cut about 60 jobs.

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Rental Operationsfrom News/Media ReleaseJuly 21, 2022

Mercedes-Benz Vans Canada to Partner with Enterprise Holdings

The partnership between Enterprise Holdings and Mercedes-Benz Vans Canada allows for new mobility offerings to customers, adding Sprinter Cargo Vans and Metris Passenger Vans to the rental operation's fleet.

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Rental Operationsfrom News/Media ReleaseJuly 21, 2022

Bain Capital and ADIA to Acquire Merchants Fleet

Merchants will continue to operate independently. The members of the Merchants leadership team will remain in their current roles and will be co-investors in the business.

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Rental Operationsfrom News/Media ReleaseJuly 20, 2022

National Car Rental Featured in World’s Best Awards

Travel + Leisure’s World’s Best Awards 2022 readers’ survey has named National Car Rental as the World’s Best Car Rental Company.

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Rental Operationsfrom News/Media ReleaseJuly 20, 2022

Carsharer Getaround Expands Service in New York

The Peer-to-Peer Car Sharing Program Act (Senate Bill S6715) now allows Getaround to provide platform insurance to cover trips within New York at no extra cost to the user.

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