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Mileage of rental units in the market has climbed significantly.
Read More →Chris Brown, executive editor of fleet publications in Bobit Business Media's Auto Group, has started a blog that will cover fleets, auto rental and the business of cars.
Read More →The following was written by Sean Busking, executive director of ACRA, to Karen Mills, the administrator for the U.S Small Business Administration (SBA).
Read More →Hertz said it agreed to sell 46 million shares at $6.50 each. Hertz expects proceeds of $949 million from the offerings.
Read More →Expedia.com will now eliminate change fees and cancel fees on all car rental reservations.
Read More →County officials in Montgomery County in Maryland said the car-sharing program that was implemented in January has only been used 16 times as of April 24 and has cost more than $1,300 an hour to use the vehicles.
Read More →With 789 Chrysler dealerships closing down, dealers are looking to sell vehicles by June 9 or face losing the cars to auctions.
Read More →Says Avis Budget Group executive vice president and CFO David B. Wyshner, “With this financing, we are not only obtaining additional liquidity at competitive rates; we are also executing against a funding strategy that anticipates a rebound in car rental demand in 2010.”
Read More →Study shows worldwide volumes won't return to pre-crisis levels until 2012.
Read More →The joint venture between ACE Rent A Car Reservations Inc. and Bluebird Auto Rental Systems Inc. is XML-based and will deliver reservations to ACE's affiliates in real time.
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