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The appointments continue a pattern of new hires at the global car rental giant since it shifted its electric vehicle strategy in early 2024.
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2025 Auto Rental News Fact Book: AI, telematics, vehicle data and tracking, and electric vehicles all rank atop advancing technologies throughout the auto rental sector.
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Tight supply in wholesale and retail vehicle markets will support healthy dealer demand through December.
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Electric vehicle sales also mark another record in Q3, thanks to higher incentives and more choices.
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The co-branded flagships will be deployed coast to coast, including in metro areas in Arizona, California, Florida, Georgia, Michigan, New York, and Texas.
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The global mobility company used its operational leasing model to build the domestic electric vehicle fleet of a major power provider.
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The team of five leaders will be carrying out new strategies and corporate goals as the car rental giant emerges from a period of fleet and financial turmoil.
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The auto rental giant is hiring a new CFO and COO who are replacing predecessors who have been in the roles for less than a year.
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The share of new-vehicle sales from luxury brands drove up average transaction prices, when combined with fewer discounts and incentives, caused new vehicle affordability to fall.
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CAR 2024: An all-star panel of economists and data analysts find that used/wholesale vehicle prices and values will remain above the previous “normal” levels last seen in the late 2010s.
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