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Tiger Global Management LLC and SRS Investment Management LLC, two New York hedge funds, plan to invest $150 million in shares in eHi Car Services, a car rental and chauffeuring company based in China.
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With experts predicting a busy summer travel season for Europe, Avis Car Rental encourages visitors to book reservations early to ensure vehicle availability and help get a better price.
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Enterprise Holdings has partnered with Al Jomaih Group to launch Al Jomaih Auto Rental (Ajar). This new rental franchise will open a network of branches at airport, city and community locations across Saudi Arabia in 2015.
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Enterprise Holdings has appointed Mike Nigro as senior vice president of European operations. Nigro has served as managing director of the U.K. and Ireland for the past six years.
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Rentalcars.com has launched Rentalcars Connect, which provides airlines, online travel agencies and travel websites access to the company's car rental inventory at more than 39,000 locations in 180 countries.
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The Smart Rental Initiative would reduce carbon emissions and make public transportation easier in Dubai.
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Europcar has introduced new initiatives to help its customers comply with the new license requirements set by the Driver and Vehicle Licensing Agency (DVLA) in the UK.
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Car rental operators are taking a range of approaches to help renters in the UK and abroad deal with the abolition of the driver's license paper counterpart.
Read More →Customers will now be able to reserve rental cars from Europcar on Travelauto’s website.
Read More →In order to pick up a rental car in the UK, travelers must choose from alternatives, which include obtaining a code from the Driver and Vehicle Licensing Agency website.
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