Perfect Price, the artificial intelligence company for pricing, has announced four rent-a-car pilots and a goal of 10 active pilots globally by the end of September. Additionally, Michael Kane has been named to the company’s advisory board.
For the second quarter 2017, Hertz Global Holdings Inc. has reported its total revenues as $2.2 billion, a 2% decline versus second quarter 2016. Hertz reported a net loss of $158 million, including $54 million of impairment charges.
Jay Cadigan will retire from Manheim, capping a 40-year career in the remarketing industry that included stints at auctions, as well as leasing companies and rental car operators.
In the first half of 2017, Europcar reported revenue of 1.028 billion euros — up 10.1% at constant exchange rates compared with the first half of 2016. Europcar's number of rental days increased to 30 million.
Hertz France must pay a 40,000 euros fine after personal information from almost 36,000 of its customers was found to be easily available online.
Sixt Mexico has been awarded as Rentalcars.com’s favorite rental company of 2016 in three of its airport branches: Manzanillo Airport, Morelia Airport, and Torreon Airport.
Ireland’s GoCar carsharing service has expanded to the city of Limerick. Currently, it's available in Dublin and Cork.
Taxify, a ride-hailing service in Europe and Africa, has announced a partnership with Didi Chuxing’s mobile transportation platform.
Zoomcar, an India-based self-driving car rental service, has launched Hop, a one-way intercity self-drive service that will be available in 24 cities across India.
Avis Budget Group has reported revenue of $2.2 billion for its second quarter 2017, unchanged compared to Q2 2016. This is primarily due to an increase in overall rental days being offset by a decrease in pricing.
Co-located with Auto Rental Summit at Miami Hilton Downtown, Fleet Forward Conference is designed to bring fleets, fleet suppliers, and technology providers together to provide education and networking on smart mobility concepts and end-user solutions.
July was the second month of strong year-over-year rates, up $6.48 from a year ago. The Northeast region had the highest rates with an increase of $15.17.
In the second quarter 2017, ride-hailing service Uber gained 2% to claim 55% of ground transportation overall, according to the Certify SpendSmart Report. Taxi dropped to 8% while car rental saw a two-point decline in business travel transactions.
Through a secure integration with Avis Car Rental, travelers can use Google Home to make or modify current reservations and review past trips.
Eastern Fleet Services, a designer of fuel reclamation systems, has put together a package that can store, dispense, and reclaim fuel. The tank in the box can be customer configured to have multiple dispensers and defueling rails.
Over 100 exhibitors from 40 countries descended on the show floor at Paris Las Vegas Hotel & Convention Center April 16-18, 2023.
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