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
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 coming year will begin with upside down fleet patterns, a constricted lending environment, a looming tax liability, and a changed rental customer. Yet by the second half, business could be gangbusters. Will you be ready?
December 9, 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
The final day examined whether the car rental industry has turned the corner to meet next year’s challenges. The answer is not about the current travel outlook, which still isn’t pretty. It’s about how car rental companies are reacting to meet those conditions.
October 24, 2020
Speakers from J.D. Power outlined surprising findings related to COVID-19 while ACRA outlined a member offer and 2021 priorities. We learned how car rental rates are shaping up and to not let our guard down on Graves protections.
October 19, 2020
In a few weeks, the world seemed to teeter on its axis and then spin out of control. Today, businesses willing to evolve will be able to meet the needs of tomorrow’s travelers, while those choosing to stay put won’t survive.
October 7, 2020
During the pandemic slowdown, Tom Mellett has been trading the car rental desk for his single-engine plane: “It gives me time to reflect on what we should be grateful for.”
June 2, 2020
The outcome may not be as negative as feared, but there’s a greater issue for car rental companies in all this.
May 27, 2020
With talk of a Hertz bankruptcy and federal bailouts still pending, where are the green shoots of a recovery for car rental, and who is best poised to take advantage?
May 13, 2020
On the road to recovery, car rental operators can look to signposts in both demand and supply. Regarding wholesale fleet values, it’s going to get worse before it gets better.
April 22, 2020
We asked eight experts from the travel, transportation, and mobility spectrums: Will the pandemic accelerate certain mobility options, or will latent hesitancies exist from a health/safety standpoint that will dampen the market for a long time?
April 14, 2020
The former N.Y. state assemblyman was instrumental in helping to overturn a law that limited car rental companies’ ability to collect for damages caused to their vehicles.
April 9, 2020
In this survey of independent and franchised car rental operators in the U.S., 58% report a decline of gross revenues of more than 75%, with 17% reporting a 100% decline, essentially as a result of suspending operations.
April 8, 2020
These findings were gathered from the April 7 webinar “Navigating the CARES Act for Small- and Medium-Sized Businesses with Fleets.”
April 8, 2020