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According to a mobility report by Avis Budget Group, 82% of respondents said owning a car was still important, but 54% said they are prepared to give up car ownership and rely on long-term rental, on-demand, or subscription services in the future.
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The major Brazilian car rental companies are on a buying spree, while long-term rentals to commercial customers are keeping the independents afloat. The biggest story, however, is that rental companies are now the biggest suppliers of cars to ride-hailing drivers in the country.
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While average rates lowered during the winter months, July rose as winter hit mid point, with three of New Zealand’s largest rental locations experiencing a 5% increase.
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A local market franchisee examines the issues between traditional car rental operators and hosts on Turo’s peer-to-peer platform — and muses on the potential benefits of both parties working together.
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These younger generations do and see things differently than any other generation. Therefore, you need a unique consideration when creating marketing strategies and new products.
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Car rental was introduced in Ukraine a few years after the independence of the country (1991) and in 1998 Hertz was the first international franchise to enter the market.
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Certify's annual review of business expense trends shows that car rental represented 25% of overall transaction volume in ground transportation in 2017. National Car Rental was the most expensed and top-rated brand in 2017, according to Certify data.
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For the first time, the car rental industry in Japan achieved more than 400,000 vehicles in fleet.
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