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Results: 22
Hertz to Sell Donlen for at Least $875 Million

Hertz to Sell Donlen for at Least $875 Million

Hertz Global Holdings has entered into a stock and asset purchase agreement to sell substantially all of the assets of its wholly-owned fleet management subsidiary, Donlen, to Athene Holding, a leading financial services company.

November 30, 2020

Merchants Fleet Expands Delivery Fleet Program

Merchants Fleet Expands Delivery Fleet Program

Merchants Fleet is launching a national fleet leasing and rental program for logistics brokers through a new partnership with a third party administrator for final-mile delivery companies.

October 19, 2020

Hertz May sell Donlen to Pay Debt, Bloomberg Reports

Hertz May sell Donlen to Pay Debt, Bloomberg Reports

Hertz Global Holdings has considered selling it’s Donlen leasing business if it can get at least $1 billion and has several buyers interested in the fleet management company, chiefly private equity funds, according to a report from Bloomberg.

September 1, 2020

Enterprise Names Chrissy Taylor CEO

Enterprise Names Chrissy Taylor CEO

Taylor will become one of the highest-ranking women among the world’s largest travel companies and one of the top female CEOs across all industries, based on company revenue.

December 11, 2019

Penske Truck Leasing Celebrates 50th Anniversary

Penske Truck Leasing Celebrates 50th Anniversary

Founded in 1969 by Roger Penske, the company was created through the acquisition of a car and light truck rental and leasing business with three locations in eastern Pennsylvania.

December 3, 2019

Enterprise Reports $25.9B Annual Revenue

Enterprise Reports $25.9B Annual Revenue

In the 2019 fiscal year, the organization recorded more revenue, transactions, vehicles, locations, and customer miles logged than ever before.

October 20, 2019

Nicholson to Retire from Enterprise Holdings

Nicholson to Retire from Enterprise Holdings

Pam Nicholson, CEO of Enterprise Holdings, will retire at year's end. Her successor will be named after a meeting of the company’s board of directors in December.

October 4, 2019

California DMV Investigates Volvo's Subscription Service
Taylor Appointed President of Enterprise Holdings
Merchants Fleet Management Adds Truck Rental Program
Enterprise CEO Nicholson Named to Powerful Women in Business List
Hertz, Donlen to Manage Aptiv's Autonomous Vehicles

Wheels, Inc. to Offer Uber to Fleet Customers

Wheels, Inc. will begin offering commercial fleet clients access to Uber for Business to allow drivers to utilize the ride-hailing service and centralizing billing of the trips.

May 4, 2018

Donlen's Mobility Push Includes Dedicated Team

Donlen's Mobility Push Includes Dedicated Team

Donlen has embraced mobility as a service for some commercial fleets, and has set up an internal team to offer carsharing, ride-hailing, short-term vehicle rentals, and other products, the company's mobility leader told Automotive Fleet.

November 22, 2017

Donlen Focusing on Mobility with Hertz-Themed Rebrand