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The car rental operator is continuously expanding to two new locations and a projected growth of 16 locations in the first quarter of 2022.
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Fleet share of total sales was 15% in March 2022, up nearly 2% from the March 2021 fleet share, but the number of vehicle sales remained down 11% year over year.
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CAR 2022: Leading career accomplishments define the winners of this year’s Ed Bobit Industry Icon Award, Remarketer of the Year, and Consignor of the Year.
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Business travel is still nowhere near its pre-pandemic levels, but transaction recovery in the last week of February 2022 hit 51% of 2019 levels, a 23-point improvement from mid-January 2022.
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The partnership leverages the wide and deep scalability of the two automotive giants so they can target new EV models to large vehicle segments, including compact crossover utility vehicles.
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Firefly and Hyundai Motor America partner to create a pilot program called Hyundai Drive by Firefly, which offers rideshare fleets and drivers income potential of up to $3,600 per year.
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The new global strategic partnership between the two brands is part of a plan to accelerate electric vehicle adoption.
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As part of its plan to add 100,000 Tesla vehicles to its fleet by the end of 2022, Hertz will be offering the Model Y SUV at select locations in April. The company has offered the Model 3s since October.
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On-demand car rental company Kyte moves toward electrification as it introduces a new Tesla Model 3 subscription, starting in San Francisco and New York City in April.
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A study calculated the cost of running more than 100 different EVs, revealing the most affordable model, and states to run an EV.
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