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Survey: 12% of Renters Believe Vehicle Damaged Before Pickup
Getaround Launches Power Host Program for Fleet Owners
Sixt SE Announces Senior Management Succession Plan
Hertz Gets $4.2B Purchase Bid in Plan to Exit Bankruptcy

Hertz Gets $4.2B Purchase Bid in Plan to Exit Bankruptcy

The buyers, Knighthead Capital Management and Certares Management, would take at least a majority share and as much as 100% of the company. The proposed plan would pay in full all of Hertz's existing first- and second-lien debt and provide a 70% cash recovery to general unsecured creditors.

March 2, 2021

Hertz Posts Net Loss of $1.7B in 2020
TSD Extends Exclusive Provider Partnership With U-Save
Surprice Opens 4 New Locations in Greece
Europcar Announces New Capital, Initiatives, and Board of Directors
MarginFuel’s Demand Tool Shows Car Rental Yield Opportunities
Travelers Trust Car Rental Over Planes, Buses

Travelers Trust Car Rental Over Planes, Buses

A survey gauging consumers' comfort levels with various modes of travel found that 38% of respondents felt "very comfortable" or "somewhat comfortable" when renting a car. Road trips leads the list, while flying internationally is at the bottom.

February 24, 2021

Sixt Appoints Michael Meissner USA President, COO
U-Save Launches Mobile and Contactless Services

U-Save Launches Mobile and Contactless Services

Starting March 1, U-Save franchisees will be able to offer mobile driver’s license scanning, pickup and delivery services, contactless agreements, and e-signature capture.

February 23, 2021

Move Mee Marks Rapid Expansion in First Year

Move Mee Marks Rapid Expansion in First Year

The contactless car rental providers are now operational in seven markets worldwide, including Sweden, United Kingdom, United States, Poland, Greece, Finland and Martinique. The company will announce more locations in 2021.

February 17, 2021

Popcar, MOQO Expand Carsharing in Australia
Avis Budget Group Reports Positive EBITDA for Q4