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VW Makes Offer to Acquire Europcar

VW Makes Offer to Acquire Europcar

VW has announced details of its plan to purchase Europcar Mobility Group to enhance its service offerings and capitalize on the shift to EVs in the car rental industry.

July 28, 2021

Expedia Survey: Car Renters Want Flexibility, Enhanced Cleaning
Free2Move Launches Monthly Subscription Service in D.C.
Demand for Business Travel on the Rise

Demand for Business Travel on the Rise

Compared to June, a recent Global Business Travel Association (GBTA) poll shows a 12% increase in companies opening business travel, but government policies relating to international business travel continues to impact companies.

July 26, 2021

Ford, Lyft to Launch Self-Driving Car Network this Year
Sixt SE Exceeds Expectations, Earns €78M in Q2

Sixt SE Exceeds Expectations, Earns €78M in Q2

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

Hertz Asia Pacific Names Sales Agent in Sri Lanka

Hertz Asia Pacific Names Sales Agent in Sri Lanka

Hertz and Discover the World have held a long-term partnership for more than 26 years, operating as the Hertz general sales agent across many Asian countries as well as in the Ukraine and Guatemala.

July 19, 2021

WeYield Data: European Car Rental Struggles to Emerge from Covid Lockdowns
LAX ConRAC Nears Completion

LAX ConRAC Nears Completion

The final concrete was poured on July 12 for the consolidated rental car facility — one of the largest in the world — which will open in 2023.

July 12, 2021

Green Motion Expands in Dutch Caribbean

Green Motion Expands in Dutch Caribbean

The heart of the Dutch Caribbean, Curaçao is known for its stunning beaches tucked into coves and its expansive coral reefs rich with marine life.

July 12, 2021

Hertz Launches Offers Through Loyalty Program

Hertz Launches Offers Through Loyalty Program

Customers who join Hertz’s Gold Plus Rewards loyalty program will be upgraded to Five Star elite status for the rest of the year. And current loyalty members can earn double points for rentals.

July 12, 2021

Enterprise Expands Electric Vehicle Fleet with 100 Vans
Hertz Celebrates Chapter 11 Exit, Looks Forward

Hertz Celebrates Chapter 11 Exit, Looks Forward

Hertz is in the process of paying out $19 billion to its creditors while reducing corporate debt by nearly 80%. Stock shares will continue to be publicly traded on the over-the-counter market.

July 1, 2021

NHTSA Launches Interactive, Searchable Recall Dashboard
July Fourth Rental Prices Hit Above $400 Per Day

July Fourth Rental Prices Hit Above $400 Per Day

In some hot vacation spots this July Fourth weekend, rental car prices are averaging between $306 and $436 per day. KAYAK and Turo held a sweepstakes to give away four carshares in the U.S. cities with the highest demand for rental cars.

June 30, 2021

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