
Citing "the ripple effects of the current situation" the service ceased operations on April 10.
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Penske Dash members are now able to begin and end rentals from any on-street, legal, metered, or residential parking space in the District.
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Founded in 1969 by Roger Penske, the company was created through the acquisition of a car and light truck rental and leasing business with three locations in eastern Pennsylvania.
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Uber will sell its Xchange Leasing division to Fair, a digital car marketplace. Xchange Leasing had been losing $9,000 per car.
Read More →Roger Penske outlines Hertz synergies on first quarter conference call.
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Signs of a healthy and dynamic industry, an expanded agenda, a strong international presence and new OEM memberships in ACRA highlight this year’s Car Rental Show. Raymond Wagner of Enterprise Holdings wins Russell Bruno Award.
Read More →Penske will assume control of more than 20 Hertz airport and off-airport locations in Indiana, including the Indianapolis, Fort Wayne and South Bend airport locations.
Read More →Penske Racing cars, uniforms and equipment will feature Hertz branding during select NASCAR Sprint Cup and Nationwide Series races.
Read More →Denker, who oversees Penske Corporation's marketing and communications for Penske’s auto dealerships, car rental operations and Penske Racing, will discuss Penske’s recent expansion into the rental car segment and the opportunities it foresees in the years ahead.
Read More →According to Fitch Ratings, demand for short-term commercial truck rentals has been relatively strong since the economic downturn, but demand is expected to shift to longer term leasing solutions.
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