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5 Key Takeaways from the Car Rental Quarterly Reports

Based on the second quarter reports and conference calls from the three public car rental companies, here are some thoughts on rates, Europe, the local market, new remarketing channels and the merger – or lack thereof.

Rent2Buy Acquires Recently Closed HiGear

New co-owner of Higear, the peer-to-peer car-sharing company that closed its doors at the start of the year, says they plan to ‘resolve the complexity around peer-to-peer car sharing.’

Rent2Buy Unveils Virtual Auto Mall

New online platform allows car buyers to cross-shop rental brands for used-car inventory while taking advantage of Rent2Buy’s unique ‘try-before-you-buy’ concept.

What’s Your Big Idea?

At the 2010 Car Rental Show, Jim Tennant of the Tennant Group held a profit idea session in which six products, services and ideas were presented that operators could bring home and employ in their businesses. Seminar attendees voted on the best idea. The winner, Sarah Romanowski of Ride Share Systems LLC, received a free pass to a future Car Rental Show. These six concepts could reduce expense and boost your bottom line.

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