Straight from the expo hall at the 2022 International Car Rental Show, ARN Editor Chris Brown caught up with car rental operators to find out the current challenges in the market right now, creative solutions, and outlook for the future.
May 23, 2022
Sales into rental fleets for the first quarter of 2022 were the lowest since the first quarter of 2009, when the industry was in the throes of the Great Recession.
April 22, 2022
Haim Kapelnikov’s staff is safe, with part of his team evacuated from Kyiv to Lviv.
February 24, 2022
The U.S. car rental industry’s expected revenues of $28.1 billion in 2021 represent the largest year-over-year gain in recorded history.
December 8, 2021
As disruptions continue to rock vehicle and parts production, fleets should plan for limited fleet supply and cost increases in the near term. But there are things they can do now to mitigate the situation.
September 7, 2021
Sixt issued a forecast for the full year for the first time since the outbreak of the pandemic, but the forecast was conditioned on assumptions that the COVID-19 pandemic stays in check, that price levels remain high, and that vehicle supply shortages won’t worsen.
July 20, 2021
Pat Notti, VP of Getaround’s Marketplace and Operations, answers questions on the Power Host Program, including how hosts are managing parking, insurance, vehicle supply, and the depreciation curve, as well as the attributes that make a successful power host.
May 19, 2021
Partnership with CarTrawler allows major car rental companies to rent their cars through the Uber mobile app, with a valet delivery and pickup option managed by Uber.
May 3, 2021
Unsuspecting car rental customers are engaging with fraudulent third-party sites for supposed car rentals. Live operators encourage users buy prepaid gift cards and read the PIN over the phone to secure their “rental.”
March 9, 2021
During its quarterly investor’s call, Avis Budget Group showed how it’s meeting demand in a dramatically disrupted environment, with insights into sourcing new local market business, the semiconductor chip shortage, and the return of corporate travel.
February 23, 2021
From sleeping at a branch to using a car as an office — despite having no power at home — car rental company employees in Texas weathered the storm to serve customers with resilience and determination.
February 21, 2021
Due to the global shortage of semiconductors used in automobiles, OEMs are telling car rental companies to expect “significant delays” with fleet orders. One operator has had a large order canceled outright.
January 27, 2021
Market watchers are pegging Avis Budget Group’s recent stock spike to the vaccine rollout. They cite the company’s ability to adjust fleet to demand, its solid financial position regarding fleet debt, and its success in removing $2.5 billion in costs for 2020.
December 29, 2020
Wheels Car Rental System decided to thank their staff, vendors, and customers by producing their version of the Jerusalema Dance Challenge. The project got more complicated than expected, but the result will make you smile.
December 11, 2020
The latest Auto Rental News coronavirus survey tells the story of an industry that was initially devastated by the pandemic but is in an encouraging — if slow and uneven — process of recovery.
November 22, 2020
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