How Hertz’s Forced Fleet Sale Could Affect the Used Car Market
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
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
Through his marketing campaigns, government relations, and ability to manage a powerful group of franchisees, the former Budget CEO is credited with propelling the brand “into the major league of car rental.”
May 11, 2020
This ad for Saunders Drive it Yourself, believed to be the first car rental company in the U.S., was recently found in an Omaha phone book from 1926.
May 4, 2020
The ruling stems from a 2018 lawsuit regarding Turo’s San Francisco International Airport (SFO) operations and the collection of the airport’s permit fees.
April 28, 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
As car rental is not considered essential travel in the Bahamas, Benjamin Davis of Drive Green Car Rentals says his only remaining business is a handful remaining long-term customers.
April 6, 2020
Small businesses of 500 or fewer employees will have access to $350 billion in loans under the Paycheck Protection Program within the CARES Act. This loan money could turn into a grant under certain circumstances.
April 1, 2020
Right now, a card on the dash saying “this vehicle has been hygienically cleaned” means a lot more than a five-star user rating. Looking past the pandemic, this brief cessation of non-essential travel might produce even greater change.
March 31, 2020
As a result of the coronavirus pandemic, this Dollar Thrifty franchisee in Omaha is renting to local businesses that may not be thinking about a new business opportunity — grocery and food deliveries to their clients.
March 24, 2020
The pandemic will end, and business will roar back. But for now, operators are asking: “When do I close my office? Why are we open right now? How long can I pay 40 people?”
March 18, 2020