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
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
Affiliates have been added in in Miami, Richmond, Va., St. Maarten, Romania, Puerto Rico, and Mexico.
July 28, 2020
One location in Melbourne is located at the Pullman Melbourne Hotel, and another in Sydney at the Crowne Plaza Coogee Beach.
July 28, 2020
The settlement suspends litigation with debtors. Hertz agrees to pay $650 million and dispose of at least 182,521 leased vehicles by December 31.
July 27, 2020
The move comes as the company takes on multiple growth initiatives during China’s post-COVID 19 recovery.
July 23, 2020
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
While Portuguese tourists can help revive the hotel and restaurant industry, car rental relies primarily on foreign tourists.
July 21, 2020
Carsharing companies are filling this need, due to low costs, ease of booking, and abundance of vehicles.
July 21, 2020
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
Move Mee is working with Zotalis Group to open the service at Athens International Airport and a number of locations in downtown Athens.
July 20, 2020
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
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
The expansion comes as the province has moved into Phase 3 of coronavirus reopening.
July 15, 2020
Shoppers in select cities in Latin America, Canada and later this month, the U.S., can find grocery delivery opportunities through both Uber and Uber Eats apps.
July 15, 2020
Commissioners at Martha’s Vineyard Airport have been contacted by a law firm to regarding legal help to monitor the Hertz bankruptcy.
July 15, 2020