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U.S. Buoys Sixt’s Q1 Performance

U.S. Buoys Sixt’s Q1 Performance

Sixt SE managed -$16.6 million in earnings before taxes in the first quarter of 2021, with business improving sequentially. U.S. is a bright spot while Europe continues to be affected by the lockdown.

May 14, 2021

Stockholders Claim Victory in Hertz Bankruptcy Auction
Operational and Legal Challenges to Electrify Car Rental Fleets

Operational and Legal Challenges to Electrify Car Rental Fleets

From new legislative EV incentives to state and local mandates that will affect the car rental industry, operators need to start developing an electrification strategy. Operational and legal issues surrounding charging, tracking of rental cars, and data privacy must be considered.

May 11, 2021

Porsche Bank Launches sharetoo, Subscription Service in Europe
Europcar Mobility Group Achieves the UN Global Compact 'Advanced' Level
Avis Licensee Prevails in Georgia Liability Case

Avis Licensee Prevails in Georgia Liability Case

The Georgia Supreme Court ruled that the licensee could not be held liable for injuries to third parties caused by the driver of a stolen rental car — who was also an Avis employee.

May 10, 2021

Bluebird, Autofleet, and ABeam Partner to Optimize, Scale One of Asia’s Largest Taxi Fleets
Hertz Posts Positive EBITDA in Q1

Hertz Posts Positive EBITDA in Q1

Hertz Global Holding’s adjusted EBITDA in the U.S. of $24 million in the first quarter of 2021 is truly a remarkable achievement.

May 9, 2021

Wholesale Prices Kept Record-Setting Performance
KAR Global Acquires Auction Frontier To Expand Digital Marketplaces
Agero Launches New Service for Fleet Transport and Delivery
Dealers Drive Manheim's Digital, Physical Marketplaces to All-Time Highs
April Fleet Sales Retreat After March Improvement
Integration of Car Rental and Mobility Platforms Enables 500k Rental Cars
Kyte Launches in NYC

Kyte Launches in NYC

The startup car rental platform is now available in five U.S. cities.

May 6, 2021