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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

Portuguese Car Rental Industry Faces Financial Crisis
Rental Cars Used for Habitation, Storage in Japan
Move Mee Adds 12 More Sweden Locations

Move Mee Adds 12 More Sweden Locations

Move Mee's contactless car rental platform provides customers with real-time registration and verification, and allows them to skip the dreaded rental queue in its entirety and go straight to their car on arrival at their destination.

July 20, 2020

Contactless Car Rental Firm Move Mee Expands to Greece
Liquidation on the Table for Hertz?

Liquidation on the Table for Hertz?

A dragged-out post-lockdown recovery, a huge debt pile, and the potential for zero recoveries for unsecured creditors make the Hertz bankruptcy a likely liquidation, says Wall Street analyst Girish Bhise.

July 17, 2020

Most Fleets Back to Work, Though Future Uncertainty Remains

Most Fleets Back to Work, Though Future Uncertainty Remains

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

Lyft Expands Across Vancouver
Uber Partners with Grocery Delivery in Latin America, Canada
Law Firm Contacting Airports for Hertz Bankruptcy Monitoring