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Lyft Partners with Sixt for U.S. Rentals

Lyft Partners with Sixt for U.S. Rentals

Sixt will provide fleet vehicles through the Lyft app in Seattle, Las Vegas, and Miami, with expansion to all cities within the Sixt rental network in the U.S. in the coming months.

August 3, 2020

Wholesale Values Continue Week-Over-Week Growth

Wholesale Values Continue Week-Over-Week Growth

Volume-weighted, wholesale values for overall car and truck segments both showed gains for the ninth week in a row, increasing 1.46% overall last week (compared to 1.45% the prior week).

July 31, 2020

Turo Car Masks Promote Wearing Face Masks in Public
Hannk Mobility App Accepting Tenders

Hannk Mobility App Accepting Tenders

GRCGDS Ltd., the developers of “Hannk” The Car Rental/Car Share Mobile App, is accepting tenders for the supply of additional content from car rental brokers.

July 31, 2020

Enterprise Lowers Rental Age for College Students
ACRA Supports Senate Liability Proposal

ACRA Supports Senate Liability Proposal

As part of the $1 trillion HEALS Act, the Safe to Work Act creates liability protections from lawsuits related to the coronavirus pandemic. The HEALS Act contains some provisions of note for car rental companies.

July 29, 2020

Avis Shows Sequential Improvements in Q2

Avis Shows Sequential Improvements in Q2

While revenue was down 78% in April, Avis Budget Group finished June down 59% from the prior year. Off-airport revenues are “close to pre-pandemic levels.”

July 28, 2020

Hertz Responds to Car Theft Lawsuit

Hertz Responds to Car Theft Lawsuit

The plaintiffs are suing Hertz for "maliciously turning potential civil disputes about payment … into criminal theft reports and prosecutions.”

July 28, 2020

Eurazeo Wants Out of Europcar

Eurazeo Wants Out of Europcar

The investment firm is looking to sell its 29.8% stake in Europcar by September. If a new owner doesn’t emerge, the company would enter talks on a debt restructuring deal.

July 28, 2020

Routes Adds Domestic, International Affiliates
Green Motion Expands in Australia

Green Motion Expands in Australia

One location in Melbourne is located at the Pullman Melbourne Hotel, and another in Sydney at the Crowne Plaza Coogee Beach.

July 28, 2020

Hertz Settlement Calls for Disposal of 182,521 Vehicles
Didi Chuxing Launches New Economy Ride-Hailing
Avis to Announce Q2 2020 Results

Avis to Announce Q2 2020 Results

Avis will host a conference call for institutional investors to discuss these results on July 29 at 8:30 a.m. Eastern time.

July 22, 2020

RateGain Partners with Thermeon, Bluebird to Maximize Revenue

RateGain Partners with Thermeon, Bluebird to Maximize Revenue

The RateGain-Thermeon-Bluebird partnership will provide a solution suite comprising an end-to-end seamless automated pricing management, CRS, rental software, and revenue management solutions helping users revenue and pricing teams track and react to changing market conditions faster and with data-based actionable insights.

July 22, 2020