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Turo Signs Deals with Denver Airport
Brazil Rental Demand Rises by 347%

Brazil Rental Demand Rises by 347%

The previous months brought some life back to tourism in Brazil, which had been down since April due to the current global pandemic.

November 16, 2020

Sixt UK Announces Discount for Essential Workers, NHS Staff
MPH Launches Partnership Program for Luxury Rentals
Sixt Hires Thomas Kennedy as US President, CFO
Hertz Expands Subscription Service Nationwide

Hertz Expands Subscription Service Nationwide

Hertz My Car provides three all-inclusive subscription tiers that offer a variety of vehicles to fit customers' budgets and includes liability protection and premium roadside assistance.

November 11, 2020

Hertz Reports $222M Net Loss in Third Quarter, with Sequential Improvements
Conrac Solutions, iCON Infrastructure Partner to Develop CONRAC Airport Infrastructure
Europcar Mexico CEO Highlights Benefits of Pandemic Renting a Car
Europcar Names New International Partnership Director

Europcar Names New International Partnership Director

Mark Lister has spent most of his career in the car rental industry, where he had the opportunity to hold various positions, from the field to the management of teams and commercial development.

November 9, 2020

Hertz Secures $4B for Fleet Financing

Hertz Secures $4B for Fleet Financing

The financing, expected to be structured as an asset-backed securitization short-term facility, will fund the purchase of about 229,000 vehicles in 2021.

November 9, 2020

Overall October Fleet Sales Down but Improve Month-Over-Month

Overall October Fleet Sales Down but Improve Month-Over-Month

Commercial fleet sales from nine manufacturers totaled 55,252 in October 2020, representing a 12.6% overall decrease when compared to the same time last year, though these declines were impacted by a 49.5% drop for sedans, which represents the smallest segment volume for commercial fleets.

November 4, 2020

Hertz Delisted from NYSE: What Does it Mean?
UN: World Tourism Expected to Decline 70% in 2020
Avis Reports $45m Net Income in Q3

Avis Reports $45m Net Income in Q3

Avis Budget Group announced third quarter net income of $45 million as a result of removing about $1 billion of costs for the quarter and taking advantage of the strong used vehicle market.

October 29, 2020