An average of 80% of fleets and the mobility community are back at work full time and 90% believe their company will survive through the pandemic, although they face major income loss. Many are unsure when business would operate at “normal” levels.
July 16, 2020
As the travel sector faces ongoing acute pressure, the investment of about $111 million will help CarTrawler during the recovery from the coronavirus pandemic.
May 28, 2020
The webinar will convene industry experts to discuss the current recovery of car rental in key global markets.
May 28, 2020
The company reports an over 200% rise in enquiries from rental companies in North America and Europe.
May 25, 2020
Short term, the company will focus on domestic business as travel bans are lifted. Midterm, the company will “rethink its priorities, so as to adapt to a ‘new normal’ given the reinforced digital habits, new safety standards, and new travel patterns.”
May 19, 2020
The company has laid off or furloughed 21,000 employees as a result of the coronavirus pandemic. April revenue is trending down 80% from the prior year. Similar trends are expected in May, but the company “expects a gradual recovery thereafter.”
May 3, 2020
The layoffs affect workers in Missouri with the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands, as well as Enterprise Fleet Management.
April 30, 2020
Maven’s assets will be transferred to GM’s Global Innovation organization, which will use them to develop “new fleet services” and “mobility solutions.”
April 21, 2020
Hertz expects to incur an aggregate cost of approximately $30 million relating to these workforce reductions.
April 20, 2020
The international car rental brand is changing its name to Home Motion to reflect the message of national governments worldwide to promote social distancing.
April 6, 2020
The fire started in the rental car overflow area used by car rental companies serving Fort Myers Southwest Florida International Airport.
April 5, 2020
Convening April 7, this fleet-specific webinar will address how to access funds, loan forgiveness details, up-to-the-minute federal guidance, and the status of future funding legislation.
April 3, 2020
This Auto Rental News survey is designed to better understand the effects of the coronavirus or COVID-19 pandemic on the car rental industry.
April 2, 2020
This webinar can now be accessed on demand. It convened subject matter experts from across the globe to discuss the disruption due to the coronavirus pandemic.
April 1, 2020
With regular business grinding to a halt, the passenger van rental company is offering its services to local governments for homeless transportation and other needs. “There’s no way I’m letting this f***ing virus win.”
March 20, 2020