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Rental car companies face a unique combination of challenges that are rarely addressed in traditional programs.
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Structural pressures and opportunities converge to prompt rental car operations to find new balances between revenue and resales.
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The two-day conference and exhibits detailed the growth and technological advancements of the nation’s rental car industry.
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The event hit record high attendance and exhibit space as speakers delved into many business aspects of the nation's auto rental industry.
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CADE, Brazil's antitrust division, has authorized Localiza Rent a Car’s purchase of rival Unidas.
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The previous months brought some life back to tourism in Brazil, which had been down since April due to the current global pandemic.
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The new locations — which are already taking reservations — join the National Car Rental and Alamo Rent A Car brands in all three countries.
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Operated by Brazilian service 99, the partnership will allow customers to request vehicles without going to another app.
Read More →The deal, valued at about $2.18 billion, faces antitrust scrutiny as it reduces the largest players in the market from three to two.
Read More →In Brazil, the local vehicle leasing business has dropped by 25%, while the Brazilian car rental industry has taken a 90% hit.
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