REPORTER

Lyft Has Started a Daily Rental Service — What Does it Mean?

Lyft Has Started a Daily Rental Service — What Does it Mean?

From a geeky industry insider standpoint, the fact that Lyft is renting fleet to consumers on a daily rate is a big deal. But questions abound regarding the business model and profitability.

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National Tourism Office Shows Decline in International Inbound Travelers

National Tourism Office Shows Decline in International Inbound Travelers

The 2018 data of inbound traveler volume and spending for car renters shows that total arrivals have seen a steady decline within four years. The percentage of travelers from Asia has been growing while the European traveler base has shrunk.

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Founded in July 2015 by then-16-year-old Haydn Sonnad, Culver City-based Tesloop offers shared...

Tesloop Is Back on the Road

The one-way city-to-city service, which allows consumers to rent a seat in a Tesla, has relaunched with service between Santa Monica and San Diego. The company has also introduced a program to allow Tesla owners to rent them on the Tesloop platform.

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Turo is now the largest peer-to-peer rental company after $250 million Series E funding.

Turo Lands $250 Million in New Funding

The investment by IAC makes the media and internet conglomerate the largest shareholder in the peer-to-peer rental company.

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Hertz Rental Car Service is a Favorite Amongst Millennials

Hertz Rental Car Service is a Favorite Amongst Millennials

Hertz is honored by Trazee Travel, taking the top spot this year as favorite car rental company. Sixt and National Car Rental placed second and third.

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Mazda has recalled the CCX-5 (shown), Mazda3, and Mazda6 for an engine software issue.

Mazda Recalls Three Models for Engine Software

Mazda is recalling approximately 262,220 2018-2019 CX-5 compact SUVs and Mazda6 midsize sedans, as well as 2019 Mazda3 compact sedans because a software error in the powertrain control module may cause the engine to stall.

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Theft of 75 Vehicles in Chicago Exposes Carsharing's Vulnerabilities

Theft of 75 Vehicles in Chicago Exposes Carsharing's Vulnerabilities

A switch to manual background checks, combined with Mercedes GLA and CLA models on Chicago sitting on street corners and a brazen theft ring, made car2go's Chicago operation ripe for exploitation.

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