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When asked what is primarily responsible for the change in pricing in their market, only 4% of respondents chose ride hailing companies such as Uber or Lyft.
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Auto Rental News is working together with Perfect Price, an artificial intelligence pricing company, to research how car rental companies manage pricing.
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After operating for six months, BMW’s ReachNow has expanded its carsharing service in Brooklyn to include more neighborhoods. It’s also offering a new price for weekday rentals.
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Rate Pros, a provider for rental rate management, analysis and pricing programs in the travel industry, has appointed Shona Nabity as president.
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Rate Pros assists car rental companies by assigning a revenue manager to monitor and support pricing operations.
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CarRezzy.com has launched its reservation mobile app. The company provides a list of the closest rental car vendors to the user’s location.
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To boost demand during the winter slump, Uber is cutting prices for January rides in more than 100 U.S. and Canadian cities.
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Next year's wholesale market will see more off-lease and program vehicles in the market, as well as competition from incentivized new cars. Are you up for the new remarketing challenges?
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Over the weekend of Dec. 19 to Dec. 21, Hertz Global Holdings Inc. announced that it increased U.S. retail prices for all Hertz, Dollar and Thrifty car rentals reserved for pick-up on or after Jan. 1, 2015. This price increase was driven by fleet depreciation increases.
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Avis Budget Group goes in-depth on how pricing is driving strong earnings, while this year's record number of recalls is taking a toll.
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