The co-branded flagships will be deployed coast to coast, including in metro areas in Arizona, California, Florida, Georgia, Michigan, New York, and Texas.
The global mobility company used its operational leasing model to build the domestic electric vehicle fleet of a major power provider.
The team of five leaders will be carrying out new strategies and corporate goals as the car rental giant emerges from a period of fleet and financial turmoil.
The auto rental giant is hiring a new CFO and COO who are replacing predecessors who have been in the roles for less than a year.
The share of new-vehicle sales from luxury brands drove up average transaction prices, when combined with fewer discounts and incentives, caused new vehicle affordability to fall.
CAR 2024: An all-star panel of economists and data analysts find that used/wholesale vehicle prices and values will remain above the previous “normal” levels last seen in the late 2010s.
ICRS 2024: The annual industry update relayed positive signals for overall industry growth amid some uncertainties and volatility for auto rental fleets.
Sharky Laguana of the American Car Rental Association will help shape EV-related policies with car rental and private ground transportation priorities in mind.
CAR 2024: Unlike a combustion engine, an EVs long-term value is maintained daily, based on the unique charging habits and battery management of its owner.
The I-15 charging infrastructure will be suited to all electric fleets, including light- to medium-duty vehicles.
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