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HiyaCar to Close $1M Crowdfunding Round

This latest round of crowdfunding, which consisted of 500 investors, will help scale the startup’s market and further develop its keyless tech.

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LA City Council Unanimously Approves $4.9B LAX People Mover Contract

The Automated People Mover is the centerpiece of the Landside Access Modernization Program (LAMP), which also includes a Consolidated Rent-a-Car ConRAC facility.

Alabama Car Rental Tax Bill Awaiting Governor's Signature

Revenue from the tax increase, estimated to be $3 million annually, will help fund the Birmingham Jefferson Civic Complex project.

Arizona Court Rules in Favor of Rental Tax Surcharge

The surcharge is projected to fund about $14.1 million of the $54.8 million total revenue from the Arizona Sports and Tourism Authority for the fiscal year.

Australian Startup Splend Raises $227M in Financing

Splend rents vehicles to Uber drivers who don't own their own cars.

Private Interests

The police raid of a car rental company in Detroit leads to questions on how insurance fraud investigations and prosecutions are funded — and the motivations driving the players on all sides.

What to Tax, if Not Car Rentals?

Here are some novel ideas on taxation that shift the burden away from car renters.

How Enterprise Funds Its Fleets

Enterprise CFO Bill Snyder spoke recently with Auto Rental News on how Enterprise funds its fleets (Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car), and on the company’s outlook on the current financial market.