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High costs of adding and maintaining electric vehicles challenge rental agencies seeking to scale their EV offerings.
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UFODrive, a provider of electric vehicle rental, is now offering a full-service subscription option in eight countries. It will be available for U.S. customers in early 2023.
Read More →Automotive industry analyst John McElroy is “bullish” about the future of the Detroit 3, forecasting a profit break-even point at 10-million SAAR (seasonally adjusted annual rate) and for the domestic OEMs to be “extremely profitable” at 14 million units yearly in sales.
Read More →Effective Feb. 2 to March 31, GMAC Financial Services is offering qualified buyers 3.9 percent APR financing for terms up to 60 months on all GM Certified Pontiac G6 models.
Read More →The Hertz Corp. is now offering the all-electric 2014 Chevrolet Spark at its San Francisco and Los Angeles airport locations, as well as Hertz local facilities throughout California.
Read More →While carving a niche through eco-friendly car rentals, these companies face numerous challenges, such as higher initial costs and keeping rates competitive to worrying about fluctuating fuel prices and competition from the majors.
Read More →In a webchat with Seth Fletcher from Popular Science and GM’s director of Global Battery Systems Bill Wallace examine Volt battery life, where the technology is heading and how to conserve battery life in cold weather. They also shed light on GM’s plans for end-of-life usage and battery recycling.
Read More →The service, which launched in 2017 as part of a Land Transport Authority pilot program, now has more than 80,000 users.
Read More →U.S. drivers will also have access to 20% below MSRP on home charging equipment. Drivers with Uber Diamond-tier status will also be eligible for special financing through a pilot program with GM Financial.
Read More →The launch of the service was made possible by City Council's approval of the revised Carshare Parking Policies and Traffic Bylaw earlier this year.
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