Plus, Sixt’s Record Earnings | Silvercar Rebrands | Vehicle Prices & Supply Updates
 

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For the financial year 2022, SIXT continues to expect a consolidated revenue between €2.8...

Sixt Reports Highest Quarter Revenue Earnings

In third quarter 2022, Sixt’s consolidated revenue increased by 24.8% to €997.1 million compared to the same quarter last year. This is the strongest quarter earnings in Sixt’s history.

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The PART Act has broad support from industry associations such as NADA, NAFA, ATA, TRALA, and...

Legislation Introduced to Combat Catalytic Converter Thefts

The Preventing Auto Recycling Thefts (PART) Act can help address catalytic converter thefts by marking each converter with a traceable identification number and establishing these thefts as a criminal offense.

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Ravin's AI vehicle inspection technology produces a condition report that can be generated in...

Hertz, Ravin AI Partner on AI Vehicle Inspection Pilot

Hertz Sweden and Norway will pilot Ravin's AI visual inspection technology to improve efficiency, objectivity, and standardization across Hertz's operations.

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The dealer rental services are available at 38 Audi dealerships, with more to come through the...

Silvercar by Audi Becomes Audi on demand

The Audi dealership's rental business known as Silvercar by Audi has rebranded to Audi on demand and now includes long-term rental options.

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The Cleanest Cars Will Win the Rental Wars

Sponsored by NuVinAir

The Cleanest Cars Will Win the Rental Wars

Rental car companies are embracing innovative cleaning technology to improve customer satisfaction and get cars back on the road fast.

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The average listing price was $27,564 at the end of October, down from the revised $28,266 at...

Average Used-Vehicle Asking Price Lowest Since April

Days’ supply in October was 26% above year-ago levels. Used-vehicle inventory has been holding at about this level since mid-January.

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Asian non-luxury brands and Japanese and European luxury brands continue to have the lowest...

Most Brands See New Vehicle Supply Rebound

Days’ supply climbed to 49, the highest since May 2021. The question now is: Will demand keep up with supply?

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The program extensions give loyalty members more flexibility to use their benefits when and how...

Enterprise and National Expand Loyalty Benefits

Enterprise Plus and National Car Rental's Emerald Club Members receive upgraded reward opportunities such as a free day, and elite tier extensions, and points promotion.

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This round of investments brings Kyte’s total funding to approximately $300M across equity and debt.

Kyte Closes $60M in Series B Growth Equity Financing

This funding will help Kyte triple its current vehicle fleet, expand into new markets globally, add more electric vehicles, and pursue its goal of offering fully autonomous trip options.

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The airport locations will be added to the many other cities Surprice operates across the country.

Surprice Car Rentals Opens 2 More Locations in Italy

The operator is now offering rental services at the Milano Linate airport and Firenze airport.

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The VF 8 first appeared at the Los Angeles Auto Show in 2021.

Autonomy Orders 2,500 VinFast EVs

VinFast will begin delivering its VF 8 and VF 9 models over the next 12 months to Autonomy, the LA-based subscription service startup.

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The Electric Highways Study provides a blueprint for the strategic buildout of fast-charging...

High Voltage Power Grid Vital for Future EV Charging Demand

A recent analysis of fast-charging needs provides a blueprint to ready the grid along major highways while mapping long-term charging demand will avoid duplicate infrastructure investments.

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By using Zubie’s telematics, RV owners on Outdoorsy will have the ability to track the location,...

Zubie Partners With Peer-to-Peer RV Rental Platform

Through this partnership, owners who list their RV on Outdoorsy’s online peer-to-peer platform will have access to Zubie’s tracking devices.

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Operating in Saudi Arabia since 1991, Theeb Rent A Car has a fleet of more than 24,000 rental...

Theeb Rent a Car Opens New Branch in Saudi Arabia

Theeb Rent A Car has opened a new location in the city of Jeddah’s Al-Rabwa District.

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Pure EVs on the most-shopped electrified-vehicle list include the popular new Ford F-150...

EV Sales Soar in Q3, Steadying Electrified Market Overall

EV sales jumped by 68% year over year in Q, and for the first time, EV sales in the U.S. nearly equaled hybrid sales.

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After reaching a modern peak of nearly 34% in February 2019, the leasing share of retail...

Long-Term Leasing Decline Means Fewer Vehicles Coming Off Lease

Analysis: Starting in 2023, the effects of the pandemic-driven slowdown and the changes in leasing will affect the used-vehicle supply by mid-decade.

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