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The battle to repeal or limit vicarious liability is still being waged in New York and Connecticut at the state level, but federal reform efforts may hold the most promise.
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Analysis by Northcoast Research reveals that implementing policies to reduce no-shows could help Avis Budget eliminate potential loss of up to $9 million annually and instead generate profits of up to $13.3 million. This excerpted analysis was published by Northcoast Research, an institutional equity research firm that specializes in car rental, among many other industries.
Read More →Northcoast Research Partners’ report on adoption of car sharing at U.S. universities shows a yearly growth rate of 20-30 percent on a majority of campuses that start a program.
Read More →Under a partnership with Go EV, Enterprise Rent-A-Car will install OpConnect Electric Vehicle charging stations at two of its Southern California offices.
Read More →Another similar bill would make an across-the-board increase to MFR requirements of up to 500% more than currently required for all motor vehicles registered in the state.
Read More →The Smart Rental Initiative would reduce carbon emissions and make public transportation easier in Dubai.
Read More →General Motors will continue building its Chevrolet Impala midsize sedan and Cadillac CT6 luxury sedan at the Detroit/Hamtramck Assembly plant until January.
Read More →For policyholders with short-term needs for alternate transportation after an incident, Root Insurance now offers the choice between a rental car and a comparable amount of Lyft credits for free rides.
Read More →Adjusted net income for the second quarter 2019 was $71 million.
Read More →The preliminary layoffs were confined customer support and recruiting teams. The most recent layoffs will affect employees across all divisions.
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