U.S. Buoys Sixt’s Q1 Performance
Sixt SE managed -$16.6 million in earnings before taxes in the first quarter of 2021, with business improving sequentially. U.S. is a bright spot while Europe continues to be affected by the lockdown.
May 14, 2021
Sixt SE managed -$16.6 million in earnings before taxes in the first quarter of 2021, with business improving sequentially. U.S. is a bright spot while Europe continues to be affected by the lockdown.
May 14, 2021
Knighthead, Certares emerge as winners. Distribution of $8 a share “truly historic.” Stock soars 33%.
May 12, 2021
From new legislative EV incentives to state and local mandates that will affect the car rental industry, operators need to start developing an electrification strategy. Operational and legal issues surrounding charging, tracking of rental cars, and data privacy must be considered.
May 11, 2021
The sharetoo service is designed to serve municipalities, local associations, businesses, housing complexes, and car dealers who need replacement or test vehicles. Subscription terms are three, six, or 12 months.
May 11, 2021
For April, Manheim’s rental risk unit share fell to the lowest level since 2002. Rental car companies are net buyers, not sellers, of wholesale used vehicles right now, says Cox Automotive’s Jonathan Smoke.
May 11, 2021
The “Advanced” level is the highest level of reporting within this framework, proving the implementation of a range of good practices regarding subjects as varied as CSR strategy, governance, anti-corruption, environment, human rights, support for UN goals, etc.
May 10, 2021
The Georgia Supreme Court ruled that the licensee could not be held liable for injuries to third parties caused by the driver of a stolen rental car — who was also an Avis employee.
May 10, 2021
By leveraging the Autofleet platform, Bluebird will be able to optimize its fleet’s vehicle placement, match and predict drivers based on demand forecasting to reduce empty rides, optimize allocation efficiency, allow for greater availability in traditionally under-served areas, reduce customer ETAs, and improve overall customer experience.
May 10, 2021
The Conference of Automotive Remarketing will feature examples of auction companies that not only survived the decreasing vehicle volumes during the pandemic but expanded their business.
May 10, 2021
Hertz Global Holding’s adjusted EBITDA in the U.S. of $24 million in the first quarter of 2021 is truly a remarkable achievement.
May 9, 2021
On a year-over-year basis, all major market segments saw seasonally adjusted price increases in April.
May 9, 2021
Velocicast technology fortifies simulcast capabilities and enhances customer experience.
May 7, 2021
Vehicle Transport simplifies complex logistics management, enables time and cost efficiency, and reduces risk automakers, dealers and fleets.
May 7, 2021
Data shows strength in dealers bidding and buying across physical locations, Simulcast, Manheim Express, Manheim.com and OVE.
May 6, 2021
Figures remain down 16% from year-ago level.
May 6, 2021