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Federal Relief Is Coming for Car Rental

Small businesses of 500 or fewer employees will have access to $350 billion in loans under the Paycheck Protection Program within the CARES Act. This loan money could turn into a grant under certain circumstances.

Vehicle Rentals Classified as Essential Business Activity

While this DHS document is not binding on other federal agencies or on state or local governments, it is an important tool to reference if government officials question your company’s continued operation during the pandemic.

ACRA: Car Rental Provides Essential Services

As state and local governments look to slow the spread of the coronavirus by mandating business closures, the American Car Rental Association maintains that car rental should be able to remain open to meet local and urgent transportation needs.

ACRA Letter to Treasury Secretary Asks for COVID-19 Relief

The letter from the American Car Rental Association to Treasury Secretary Mnuchin asks for grants or loans to purchase car rental industry assets, federal funds to help pay airport guarantees and concessions, and deferrals on taxes.

ACRA Board Adds 2 New Directors

Bill Wallschlaeger, a Wisconsin-based Avis and Budget licensee, and William Harris, co-owner of Edge Auto Rental in New York City, are the two newest board members of the American Car Rental Association.

ACRA Convenes Sixth Day on the Hill

The event consisted of networking, ACRA meetings, guest speakers, an ACRA political action committee reception, and meetings with U.S. representatives and senators on issues affecting the car rental industry.