Latest Auto Rental Industry News

 

Up-to-date breaking news for the latest occurrences in the auto rental industry. Visit us again and we will keep you informed about the auto rental industry.

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Fri, 18 Aug 2017 10:53:00 PST

The Norwegian cities of Oslo and Trondheim and Reykjavik, Iceland, ranked as the most expensive cities to rent cars in Europe, according to a survey by CheapCarRental.net.


Fri, 18 Aug 2017 10:39:00 PST

Localiza, a South American rental car company, has launched Localiza Fast, a self-service car rental process through a mobile app.


Thu, 17 Aug 2017 15:24:00 PST

Manheim has updated its vehicle valuation tool, the Manheim Market Report (MMR), to provide more detailed valuations of used vehicles to increase transparency and improve the remarketing process, the company announced.


Wed, 16 Aug 2017 15:56:00 PST

DriveNow customers in Germany, Austria, and the U.K. who own Alexa devices, such as Amazon Echo and Echo Dot, can use voice commands to reserve nearby vehicles and get details on their car and reservation time.


Tue, 15 Aug 2017 15:23:00 PST

As advanced safety technologies become even more pervasive on mainstream vehicles, are we creating “stupid drivers?"


Tue, 15 Aug 2017 12:08:00 PST

Operators discuss how they've configured their GPS tracking systems and honed their processes to mitigate rental car misuse while better managing fleet.


Tue, 15 Aug 2017 12:06:00 PST

By establishing a verification process and enforcing certain requirements at the counter, a rental company can reduce the chances of its vehicles being stolen or used in a crime.


Tue, 15 Aug 2017 12:05:00 PST

Having access to personal identifiable information from their customers, rental companies face security threats externally (cyberattacks) and internally (employee theft). Here are some tips to help rental companies better secure their sensitive data and educate their employees.


Tue, 15 Aug 2017 12:04:00 PST

This year's conference moves to Miami and features a roster of new speakers as well as a collocated event — Fleet Forward Conference — dedicated to smart mobility solutions.


Tue, 15 Aug 2017 12:01:00 PST

Peer-to-peer car rental companies claim they aren't the same as traditional car rental companies.


Tue, 15 Aug 2017 12:00:00 PST

A car rental employee wants to learn more about how to prevent identity and credit card fraud during the rental car process.


Tue, 15 Aug 2017 11:39:00 PST

The Los Angeles City Council approved the acquisition of 37 parcels of land as part of its traffic improvement project at Los Angeles International Airport. The project includes a new consolidated rental car center.


Tue, 15 Aug 2017 11:06:00 PST

Zipcar plans to add more street parking locations throughout the city of San Francisco after the San Francisco Municipal Transportation Agency (SFMTA) recently approved a permanent on-street parking permit program.


Mon, 14 Aug 2017 16:19:00 PST

J.D. Power will begin offering its monthly Used Vehicle Price Index that tracks current and estimated future movement of wholesale used vehicle prices at the industry and segment level, the consultant and data provider announced.


Thu, 10 Aug 2017 11:39:00 PST

GM’s Maven Gig service now provides vehicles for freelance drivers in Los Angeles, San Diego, and San Francisco, including package delivery, food or grocery delivery, and ride hailing.


Thu, 10 Aug 2017 11:24:00 PST

As a luxury club member, customers receive priority car reservations and delivery to their door. Members can choose between 15 different luxury models.


Thu, 10 Aug 2017 11:19:00 PST

Los Angeles-based Legends Car Rental has added van rentals to its fleet. New Mercedes-Benz Sprinter vans are now available for customers.


Thu, 10 Aug 2017 11:14:00 PST

When faced with the prospect of losing access to a vehicle for an extended time, millennial drivers in particular say they would rather go without social media for a week (50%), according to a survey by Enterprise Rent-A-Car.


Wed, 9 Aug 2017 08:50:00 PST

A car washer at a Globe Car Rental location in Montreal found a surprise under the hood of a rental car: a snake.


Wed, 9 Aug 2017 08:30:00 PST

Usage of car2go increased by 40% year-over-year in the first half of 2017 compared to the first half of 2016 across all 11 of the service's North American locations. Among car2go's locations, New York, Toronto, and Vancouver have experienced the fastest year-over-year membership growth.


Wed, 9 Aug 2017 08:10:00 PST

Maven, General Motors’ personal mobility brand, has ordered 250 more Chevrolet Bolt electric vehicles for carsharing tests.


Wed, 9 Aug 2017 08:00:00 PST

Perfect Price, the artificial intelligence company for pricing, has announced four rent-a-car pilots and a goal of 10 active pilots globally by the end of September. Additionally, Michael Kane has been named to the company’s advisory board.


Tue, 8 Aug 2017 14:54:00 PST

For the second quarter 2017, Hertz Global Holdings Inc. has reported its total revenues as $2.2 billion, a 2% decline versus second quarter 2016. Hertz reported a net loss of $158 million, including $54 million of impairment charges.


Tue, 8 Aug 2017 10:48:00 PST

Jay Cadigan will retire from Manheim, capping a 40-year career in the remarketing industry that included stints at auctions, as well as leasing companies and rental car operators.


Tue, 8 Aug 2017 10:10:00 PST

In the first half of 2017, Europcar reported revenue of 1.028 billion euros — up 10.1% at constant exchange rates compared with the first half of 2016. Europcar's number of rental days increased to 30 million.


Tue, 8 Aug 2017 09:16:00 PST

Hertz France must pay a 40,000 euros fine after personal information from almost 36,000 of its customers was found to be easily available online.


Tue, 8 Aug 2017 09:02:00 PST

Sixt Mexico has been awarded as Rentalcars.com’s favorite rental company of 2016 in three of its airport branches: Manzanillo Airport, Morelia Airport, and Torreon Airport.


Tue, 8 Aug 2017 08:20:00 PST

Ireland’s GoCar carsharing service has expanded to the city of Limerick. Currently, it's available in Dublin and Cork.


Tue, 8 Aug 2017 08:00:00 PST

Zoomcar, an India-based self-driving car rental service, has launched Hop, a one-way intercity self-drive service that will be available in 24 cities across India.


Mon, 7 Aug 2017 15:00:00 PST

Avis Budget Group has reported revenue of $2.2 billion for its second quarter 2017, unchanged compared to Q2 2016. This is primarily due to an increase in overall rental days being offset by a decrease in pricing.


Mon, 7 Aug 2017 14:27:00 PST

The streak continued in July, with the Manheim Used Vehicle Value Index recording its third consecutive record in July. Driven by the 0.75% month-over-month increase in wholesale used-vehicle prices, the index rose 2.6% from a year ago to 130.1, according to the firm.


Wed, 2 Aug 2017 14:46:00 PST

Co-located with Auto Rental Summit at Miami Hilton Downtown, Fleet Forward Conference is designed to bring fleets, fleet suppliers, and technology providers together to provide education and networking on smart mobility concepts and end-user solutions.


Wed, 2 Aug 2017 11:45:00 PST

In the dialogue surrounding new transportation paradigms, fleets have been off the public radar until recently. Here’s what’s going on, and a way for you to participate in the conversation.


Tue, 1 Aug 2017 15:22:00 PST

July was the second month of strong year-over-year rates, up $6.48 from a year ago. The Northeast region had the highest rates with an increase of $15.17.


Tue, 1 Aug 2017 15:12:00 PST

In the second quarter 2017, ride-hailing service Uber gained 2% to claim 55% of ground transportation overall, according to the Certify SpendSmart Report. Taxi dropped to 8% while car rental saw a two-point decline in business travel transactions.


Tue, 1 Aug 2017 14:45:00 PST

Through a secure integration with Avis Car Rental, travelers can use Google Home to make or modify current reservations and review past trips.


Tue, 1 Aug 2017 14:21:00 PST

Eastern Fleet Services, a designer of fuel reclamation systems, has put together a package that can store, dispense, and reclaim fuel. The tank in the box can be customer configured to have multiple dispensers and defueling rails.


Tue, 1 Aug 2017 14:12:00 PST

Guests at select Walt Disney World Resorts can now use Lyft’s new Minnie Van service, which accommodates up to six riders and provides two car seats.


Tue, 1 Aug 2017 14:04:00 PST

Enterprise Truck Rental has added new locations in Frederick and Salisbury.


Thu, 27 Jul 2017 17:37:00 PST

Federal and California environmental regulators have given final approval to Volkswagen's plan to fix or buy back about half of the diesel cars involved in its emissions scandal, which includes an additional $153 million payment to that state.


Thu, 27 Jul 2017 13:40:00 PST

The recall, tied to defective attaching bolts, covers more than 94,000 Ford F-150, E-Series, Escape and Lincoln MKC vehicles in the U.S.  


Thu, 27 Jul 2017 09:03:00 PST

Rent-A-Wreck of America Inc. has filed for Chapter 11 bankruptcy in Delaware, saying costly and lengthy litigation with the company’s founder has strained its liquidity. Rent-A-Wreck has spent $2.7 million in legal fees and expenses over the past 10 years.


Wed, 26 Jul 2017 11:13:00 PST

This year’s conference moves to Miami and features a roster of new speakers as well as a collocated event dedicated to smart mobility solutions. Former LeasePlan USA CEO Mike Pitcher will deliver this year’s keynote address.


Wed, 26 Jul 2017 10:45:00 PST

The Professional of the Year Awards will be presented in the vendor and operator categories. Winners will be recognized at an awards ceremony during the sixth annual Auto Rental Summit on Nov. 6-7, 2017, at the Hilton Miami Downtown.


Wed, 26 Jul 2017 10:04:00 PST

The American Car Rental Association (ACRA)’s fourth annual D.C. Legislative Conference will be taking place from Sept. 11 to Sept. 13. Issues being debated include car rental excise taxes, autonomous vehicles, and federal tax reform.


Wed, 26 Jul 2017 10:00:00 PST

NewSpring Capital, a family of private equity funds providing growth and expansion capital, has led a $25 million investment in Fox Rent A Car Inc.


Wed, 26 Jul 2017 09:55:00 PST

Los Angeles World Airports has issued a request for proposals for its Landside Access Modernization Program, which will add an automated people mover train, a consolidated rental car facility, and additional parking structures.


Wed, 26 Jul 2017 09:43:00 PST

Recall Masters’ real-time vehicle recall lookup will now be integrated into the Record360 app.


Wed, 26 Jul 2017 09:37:00 PST

Taco Mode is an in-app option for Lyft passengers, providing them with Taco Bell swag, custom in-car menu, a tricked-out taco-themed car, and a free Doritos Locos Taco.


Wed, 26 Jul 2017 09:32:00 PST

Avis Car Rental's mobile app now offers a wider selection of vehicles, fuel and parking options, courtesy bus tracking, and rental receipts.


Tue, 25 Jul 2017 10:49:00 PST

After filing for bankruptcy last month, Franchise Services of North America Inc. is working with Equity Partners to find a buyer for its wholly-owned subsidiary U-Save Holdings (U-Save Car and Truck Rental and U-Save Car Sales brands).


Tue, 25 Jul 2017 09:13:00 PST

Despite global uncertainties, business travel spending is expected to advance 6% in 2018, followed by 7% growth in 2019 and 2020. China continues to top business travel spending for the second straight year.


Tue, 25 Jul 2017 09:08:00 PST

Europcar has been accused of overcharging its customers 30 million euros for damaging vehicles.


Tue, 25 Jul 2017 08:42:00 PST

Following a disagreement with local regulators, Uber halted its ride-hailing service in Macau, China, as of July 22.


Fri, 21 Jul 2017 14:38:00 PST

The recall covers more than 515,000 Versa sedan and hatchback vehicles in the 2007 to 2012 model years.


Fri, 21 Jul 2017 09:08:00 PST

Mex Rent A Car has launched an affiliate location at Skopje Airport in Macedonia.


Thu, 20 Jul 2017 09:50:00 PST

Europcar Ireland has won the Rentalcars.com Customer Favorite Award for 2016. Additionally, three of its branches were recognized for their customer service.


Wed, 19 Jul 2017 09:25:00 PST

A settlement agreement resolves an investigation by Attorney General Pam Bondi’s office regarding Avis, Budget, and Payless’ practices involving add-on fees for cashless tolls in Florida and other related add-on charges.


Wed, 19 Jul 2017 09:21:00 PST

Hertz Global Holdings Inc. plans to report its second quarter 2017 financial results on Tuesday Aug. 8.


Wed, 19 Jul 2017 09:06:00 PST

With the new skill for Alexa-enabled devices such as the Amazon Echo and Echo Dot, Avis customers will be able to make a car rental reservation, review current or past reservations, and request an e-receipt of their last rental.


Tue, 18 Jul 2017 10:09:00 PST

Avis Budget Group Inc. plans to report its second quarter 2017 results after the market close on Monday Aug. 7.


Tue, 18 Jul 2017 09:58:00 PST

A new report by the Global Business Travel Association (GBTA) Foundation found that U.S. businesses spent $424 billion to send travelers out on the road for 514.4 million domestic business trips in 2016.


Mon, 17 Jul 2017 15:57:00 PST

Sixt Rent-a-Car has expanded its offering in the U.S. with the announcement of two upcoming corporate locations: San Diego and San Antonio.


Mon, 17 Jul 2017 15:45:00 PST

Athlete Network enables Enterprise to network with current and former student athletes. Each year, Enterprise Rent-A-Car offices hire thousands of college graduates into the Enterprise Management Training and Management Internship programs.


Mon, 17 Jul 2017 14:15:00 PST

Car rental companies’ recent fleet discipline is needed now more than ever.


Mon, 17 Jul 2017 12:00:00 PST

Average wholesale prices in June were down vs. June but up vs. a year ago. A drill down into the data, however, reveals price softening on a year-over-year basis when accounting for sales type, vehicle age, model class, and mileage, KAR Chief Economist Tom Kontos said today.


Fri, 14 Jul 2017 11:14:00 PST

Vulog, a carsharing technology provider, has partnered with LDS Group to launch Urbano Carsharing, a one-way carsharing service in Sao Paulo, Brazil.


Fri, 14 Jul 2017 11:04:00 PST

Now, Avis Preferred Points can be used for rental days starting at 700 points with no blackout dates. Accessories, such as GPS units, SiriusXM, and child safety seats, are now available for 250 points per day.


Wed, 12 Jul 2017 09:02:00 PST

After six straight months of negative comparisons, June airport rates were up $6.37 over last year.


Tue, 11 Jul 2017 16:38:00 PST

Silvercar plans to bring its car rental service to Seattle on July 31 and Orlando on Aug. 28. Additionally, the company will be updating its fleet of Audi A4s to include 2017 and 2018 models.


Tue, 11 Jul 2017 16:30:00 PST

HyreCar, a peer-to-peer carsharing marketplace that connects vehicle owners with potential drivers, is now fully operational in Florida and Louisiana.


Tue, 11 Jul 2017 16:19:00 PST

For policyholders with short-term needs for alternate transportation after an incident, Root Insurance now offers the choice between a rental car and a comparable amount of Lyft credits for free rides.


Tue, 11 Jul 2017 14:15:00 PST

The recall, which also affects the Lincoln MKZ, covers more than 5,000 vehicles in the 2017 model year.


Tue, 11 Jul 2017 09:49:00 PST

Operated by the BMW Group and Sixt SE, DriveNow plans to start operating its carsharing service in Lisbon, Portugal, this year. This will be the company's 13th city of operation in Europe.


Tue, 11 Jul 2017 09:33:00 PST

Sixt Rent a Car has appointed Arabia Cars, the car rental division of Travel Point, as its franchisee partner in Oman.


Tue, 11 Jul 2017 09:21:00 PST

With five locations across Mexico, Arrent Car Rental continues to expand digitally by offering a home delivery on demand feature through its new mobile app.


Tue, 11 Jul 2017 09:15:00 PST

After operating for five years, Zipcar will end its carsharing service in Austria by Aug. 6.


Tue, 11 Jul 2017 08:55:00 PST

HiyaCar, a U.K.-based peer-to-peer carsharing platform, has launched its QuickStart keyless technology.


Mon, 10 Jul 2017 16:26:00 PST

Enterprise Holdings’ two loyalty programs – Enterprise Rent-A-Car's Enterprise Plus and National Car Rental's Emerald Club — have expanded in Latin America and the Caribbean.


Mon, 10 Jul 2017 16:09:00 PST

GO Rentals, a New Zealand-based car rental company, has received the Qualmark Gold Sustainable Tourism Award.


Mon, 10 Jul 2017 16:04:00 PST

Operating in Bratislava, up! City is the first carsharing service to launch in Slovakia. Initially, the program will offer seven electric Volkswagen vehicles.


Mon, 10 Jul 2017 15:58:00 PST

Rentalcars.com customers have selected America Car Rental as their favorite car rental company at Mexico’s Monterrey International Airport.


Mon, 10 Jul 2017 14:03:00 PST

The Manheim Used Vehicle Value Index hit a record high for the second consecutive month, as wholesale used-vehicle prices rose 1.1% month over month in June. The increase brought the Index to 129.3, a 2.5% increase from a year ago.


Mon, 10 Jul 2017 09:25:00 PST

Avis Budget Group Inc. is celebrating the 20th anniversary of Unlimited Rewards, its loyalty program for travel professionals.


Thu, 6 Jul 2017 15:07:00 PST

BMW’s ReachNow is now offering its carsharing service for Portland International Airport (PDX) customers with dedicated parking at AirPark.


Wed, 5 Jul 2017 10:27:00 PST

Zipcar launches its carsharing service in Worcester, Mass. Six Zipcars are now available to rent in Worcester’s downtown.


Wed, 5 Jul 2017 10:20:00 PST

Recall Check monitors auto dealers’ inventory for open recalls via an automatic process. It performs a check for recalls when a trade is booked in or a vehicle is delivered.


Wed, 5 Jul 2017 10:16:00 PST

Enterprise CarShare has pulled its carsharing service out of the Washington, D.C., market due to lower-than-expected demand.


Wed, 5 Jul 2017 10:02:00 PST

The recall, set to begin Aug. 21, covers nearly 228,000 vehicles in the 2014-2016 model years.


Fri, 30 Jun 2017 11:57:00 PST

car2go carsharing members in Denver can now drive new all-wheel-drive Mercedes-Benz CLA four-door coupe and GLA five-passenger vehicles.


Fri, 30 Jun 2017 11:53:00 PST

Ford has expanded its Chariot ride-sharing service to Seattle. Chariot is a crowd-sourced shuttle service that operates 14-passenger Ford Transit vans.


Fri, 30 Jun 2017 11:04:00 PST

New-vehicle sales through the first six months of 2017 are expected to be down 2.3%, and high quality off-lease vehicles may be part of the reason why, according to Kelley Blue Book.


Wed, 28 Jun 2017 09:23:00 PST

Franchise Services of North America Inc. (FSNA), franchisers of the U-Save brand, has filed for Chapter 11 bankruptcy protection to preserve the value of its assets for the benefit of creditors and shareholders.


Wed, 28 Jun 2017 09:07:00 PST

During the upcoming Independence Day holiday weekend, a record-breaking 44.2 million Americans will travel 50 miles or more from home, according to the “AAA Independence Day Travel Forecast,” a 2.9% increase of those people who traveled last year.


Wed, 28 Jun 2017 09:00:00 PST

Airport Van Rental (AVR) has opened a new franchise location serving Chicago Midway International Airport. The company specializes in renting passenger vans.


Wed, 28 Jun 2017 08:40:00 PST

By the end of 2017, Enterprise Holdings will have opened 12 new locations in the Houston area. Last year, Enterprise's impact on Houston's economy was nearly $200 million.


Tue, 27 Jun 2017 13:45:00 PST

Wholesale cars that have been depreciating at roughly double the rate of trucks in the past month have stabilized in the past week, according to Black Book’s June 26 Market Insights report.