The proposed transaction remains subject to approval by the bankruptcy court.

Hertz Selects Centerbridge Partners as Equity Sponsor for Chapter 11 Exit

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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Tom Callahan is president of Donlen.

Hertz Completes Sale of Donlen to Athene Holding

Hertz received $891 million in cash for the sale of the fleet management company.

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“We believed we were reading the law correctly when no one else was," said Spencer Jacobsen,...

Court Awards SDI Attorney’s Fees after Prevailing in SDI v. Brown

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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For gig platforms that self-insure for collision and liability, whatever is paid out in an...

Planning on Renting Your Vehicles on a P2P Platform for Gig Drivers? Be Aware of the Risks

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 of National Fleet Operations for Mazda Passes Away

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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Clem Driscoll's “State of the Commercial Telematics Market” seminar will convene on Monday,...

Clem Driscoll to Define Today’s Telematics Market at Data-Driven Fleet Experience

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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Partnering with Europcar Mobility Group and serving as its franchisee, Kinsen Hellas envisions...

Europcar Opens New Locations, Renews Agreements in 12 Countries

Travelers can now rent Europcar vehicles in Albania, Cyprus, Malta, Russia, and St. Martin.

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ACRA has learned that car rental operators will likely will be eligible for...

ACRA Provides Updates, Welcomes New Members

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 service has gone live at four pilot locations in the United Kingdom, supporting central...

Green Motion Launches Refrigerated Vehicle Unit

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 brings a wealth of experience both in terms of rental technology and in launching popular...

Wheels Car Rental Announces Sales Director, North American Launch

Nick DiPrima will be responsible for strategic partnerships and the leadership of the sales department in the region.

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On the island of Maui, the cheapest car rental is $722 a day for a Toyota Camry.

Cheapest Daily Rental on Maui is $722 for a Camry

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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Hertz said the Suburban was found abandoned in Bismarck and that the vehicle was significantly...

Lawsuit Accuses Hertz Franchisee of Revenge for Social Media Criticism

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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Fleetster’s data showed that in Germany during the pandemic, allowing employees access to fleet...

How A Digital Key Is Transforming Corporate Carsharing

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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Savva believes that some of its claims were simply abandoned by Getaround, even after months of...

Savva Rent a Car Sues Getaround for Alleged Insurance-Related Fraudulent Business Practices

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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