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Hertz chose the renegotiated proposal over a competing one from Certares and Knighthead Capital. The plan keeps Hertz on track to exit Chapter 11 in June.
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Hertz received $891 million in cash for the sale of the fleet management company.
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In yet another victory under the Graves Amendment, this new decision involving SDI v. Brown reimburses SDI more than $60,000 for prevailing on a $2,200 dispute.
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As rising damage claims are now a significant barrier to profits for self-insured P2P platforms, those platforms are looking to minimize their losses in any way possible. The vehicle owners are the ones who suffer.
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Dave Funston, manager, national fleet operations for Mazda North American Operations, passed away on April 1, 2021, following a three-year battle with colon cancer. He was 61.He has the distinction, to date, of being longest reining fleet manager in the history of Mazda North American Operations.
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Driscoll will share findings from his biennial market study, regarded as the telematics industry bible, at Bobit’s new virtual event taking place April 19 to 23.
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Travelers can now rent Europcar vehicles in Albania, Cyprus, Malta, Russia, and St. Martin.
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The American Car Rental Association’s April update includes information on airport MAG relief, vehicle cybersecurity guidance, COVID-19 liability protection bills, and $2 billion in unused grants — along with an April Fool’s joke.
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The first Cool Motion locations have been launched by one of Green Motion's most long-established franchisees, Vinay & Viral Pala.
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Nick DiPrima will be responsible for strategic partnerships and the leadership of the sales department in the region.
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People traveling to the Hawaiian islands for spring break are causing a shortage of rental cars and a spike in prices.
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Bismarck, N.D. police issued a warrant for the claimant’s arrest when he never returned a rental vehicle. The claimant filed a lawsuit against the Hertz Bismarck franchisee and police department claiming the arrest was “revenge for his social media criticism of the company for his support of the pipeline protests in North Dakota.”
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At the recent Geotab Extend virtual event, Geotab’s Fabian Seithel and Tim Ruhoff of Fleetster discussed how keyless technology combined with telematics is facilitating in-vehicle deliveries, more automated pickup and return processes, and private carsharing trips with business cars.
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The lawsuit claims that Getaround has stalled over 100 claims by Savva — regularly disregarding its Terms of Service and Insurance Statement in the process.
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