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.

For more information please email us at:
press@rentcentric.com or contact us at 1-866-999-1519.

Fri, 17 Feb 2017 16:58:00 PST

Maven, General Motors’ mobility brand, will now be offering the Chevrolet Bolt EV in its carsharing fleet in Los Angeles. Once fully deployed, more than 100 Bolt EVs will be available.


Fri, 17 Feb 2017 16:50:00 PST

At the World Travel Awards, Europcar Australia was named as “Australia’s Leading Car Rental Company” for the seventh consecutive year.


Fri, 17 Feb 2017 16:42:00 PST

Tel Aviv-based DRIVE Innovation Center will connect Hertz with early-stage startups and entrepreneurs to help influence the development of innovation for smart mobility.


Fri, 17 Feb 2017 16:37:00 PST

Dollar Rent A Car has opened its 26th branch in Dubai’s Motor City.


Fri, 17 Feb 2017 16:22:00 PST

GrabShare, which first launched in Singapore, is a carpooling service that’s 30% cheaper than Grab’s ride-hailing rates.


Thu, 16 Feb 2017 11:05:00 PST

Avis Budget Group Inc. has reported revenue of $8.7 billion for full-year 2016, an increase of 2% compared to 2015. For its fourth quarter 2016, Avis earned revenue of $1.9 billion, a 1% drop year-over-year.


Wed, 15 Feb 2017 14:40:00 PST

Here's what the future of autonomous vehicles may look like and how transportation markets are evolving along the way.


Wed, 15 Feb 2017 14:38:00 PST

Independent car rental operators share their predictions for the industry — and how they will adapt to these anticipated advancements — in the next five to 10 years and beyond.


Wed, 15 Feb 2017 14:35:00 PST

The keynote presentations for this year's ICRS will address the fundamental shifts in transportation, while the seminars, roundtables, and exhibits will demonstrate ways operators can improve their businesses today.


Wed, 15 Feb 2017 14:27:00 PST

As technology continues to advance, ACRA commits to being the voice of the car rental industry in shaping mobility policy, including autonomous vehicles.


Wed, 15 Feb 2017 14:22:00 PST

An operator has been hearing a lot about new ways to automate the car rental process, but he doesn't know where to start.


Wed, 15 Feb 2017 14:20:00 PST

NHTSA's recently published guidance on cybersecurity has potentially broad implications, including limiting third-party access to OBDII ports, which are used in many fleet applications.


Wed, 15 Feb 2017 09:22:00 PST

Through the partnership, Avis Budget Group is able to showcase its vehicle inventory and ancillary products/services on Travelport’s travel commerce platform.


Wed, 15 Feb 2017 09:05:00 PST

Leslie Saunders, CEO and founder of Leslie Saunders Insurance Agency Inc., a provider of insurance services for the auto rental industry, has been named as an inaugural recipient of the Legacy of Leaders Award for Women of Distinction.


Tue, 14 Feb 2017 11:00:00 PST

Rent Centric’s self-service technology enables Green Commuter carsharing users to rent all-electric vehicles via a mobile app.


Tue, 14 Feb 2017 10:58:00 PST

Hertz Global Holdings Inc. will host a live webcast discussion of its 2016 fourth quarter and full-year financial results on Tuesday Feb. 28.


Tue, 14 Feb 2017 10:49:00 PST

The service from Enterprise Rent-A-Car generated $575 million in loan volume to more than 31,000 credit union members during 2016 — a 15% increase in loan volume compared to the previous year.


Tue, 14 Feb 2017 10:40:00 PST

The bill will lower taxes on ride-hailing rides to 2% and will force transportation network companies (TNCs) like Uber and Lyft to have their drivers undergo background checks.


Tue, 14 Feb 2017 10:23:00 PST

Avis Budget Group has announced the availability of Visa Checkout as a payment option for Avis Car Rental and Budget Car Rental customers.


Fri, 10 Feb 2017 15:40:00 PST

Ford will invest $1 billion in Pittsburgh-based Argo AI, a startup focusing on artificial intelligence, to develop a software platform for a fully autonomous vehicle it plans to make available for ride hailing in 2021.


Fri, 10 Feb 2017 09:25:00 PST

Small and large pickups were among the top performing segments in January with a 1.1% depreciation rate among two- to six-year-old vehicles sold in auction lanes, according to Black Book.


Thu, 9 Feb 2017 16:43:00 PST

GM’s Maven City carsharing program has expanded to Atlanta. Registered members will have access to 50 carsharing vehicles at more than 20 locations throughout the city.


Thu, 9 Feb 2017 15:05:00 PST

Currently, more than 63 million vehicles with open, unrepaired recalls are in use across the U.S., according to Carfax. People in California, Texas, Florida, Pennsylvania, and New York have the most vehicles with open recalls.


Thu, 9 Feb 2017 10:27:00 PST

Launching first in Boston, Zipcar’s new program will provide Uber drivers the opportunity to rent its carsharing vehicles.


Thu, 9 Feb 2017 10:23:00 PST

The National Auto Auction Association (NAAA) estimates that its members sold 9.9 million vehicles in 2016, a 6% improvement over the year before, according to Manheim’s 2017 Used Car Market Report.


Tue, 7 Feb 2017 16:28:00 PST

Two employees at Signature Rent-A-Car in Orlando were arrested after being accused of attacking and holding a customer hostage in a dispute over a bill.


Tue, 7 Feb 2017 14:26:00 PST

On a year-over-year basis, 2017 started the same as all of 2016 — trucks and vans up and cars down, according to Manheim. New vehicles sales into rental declined by approximately 7% in January compared to January 2016.


Tue, 7 Feb 2017 14:08:00 PST

With domestic automakers pulling back on rental fleet sales and lower overall light-duty sales projected, the car rental industry will have to adjust.


Tue, 7 Feb 2017 14:04:00 PST

Alaska Auto Rental received a negative Yelp review from a person whose information was demonstrably false. As a business owner, how do you respond?


Tue, 7 Feb 2017 10:23:00 PST

Franchise Services of North America (FSNA), franchisors of the U-Save brand, ended its 2016 fiscal year with revenue of $9,627,460 and loss of $188,039.


Tue, 7 Feb 2017 10:13:00 PST

In April, Long Beach Airport will be rolling out a six-month pilot program that will allow ride-hailing companies to pick up passengers curbside.


Tue, 7 Feb 2017 10:01:00 PST

At the 2017 Travvy Awards, Enterprise Rent-A-Car earned gold for Best Car Rentals-Overall, Best Car Rentals-Domestic, and Best Car Rentals-Fleet. Additionally, it received silver for Best Car Rentals-International.


Tue, 7 Feb 2017 09:53:00 PST

Tampa International Airport has delayed the launch of its new consolidated rental car facility. It will now open to the public in early 2018.


Mon, 6 Feb 2017 15:22:00 PST

The rental strollers will be available at Advantage Rent A Car's locations at the Miami, Fort Lauderdale, and Orlando airports beginning Feb. 7.


Mon, 6 Feb 2017 15:15:00 PST

The Charleston facility offers a diverse fleet of box trucks, cargo vans, and pickup trucks for business and personal use.


Mon, 6 Feb 2017 15:06:00 PST

Zipcar is adding four of its carsharing vehicles to Houston’s Midtown district. Currently, Zipcar has 40 carsharing vehicles in 25 locations throughout the city of Houston.


Mon, 6 Feb 2017 14:59:00 PST

UberHIRE will be available in several Indian cities between the hours of 4 am to 8 pm.


Mon, 6 Feb 2017 11:14:00 PST

Pacific Rent-a-Car (Pacific-Rentals.com), a Northern Cyprus-based car rental company, has renewed its contract with RentalCars.com for the 2017 travel seasons.


Mon, 6 Feb 2017 10:54:00 PST

Working with The Global FoodBanking Network and food redistribution charity FareShare, the Enterprise Rent-A-Car Foundation will donate six payments of 500,000 pounds as annual grants to help feed people in the U.K.


Mon, 6 Feb 2017 08:30:00 PST

Cox Automotive has awarded Linda Silverstein, general manager, remarketing and rental operations, Ford Motor Company, as this year’s Barbara Cox Automotive Woman of the Year.


Fri, 3 Feb 2017 13:40:00 PST

Europcar has acquired Milan-based carsharing company GuidaMi and its 150-vehicle fleet, bringing its mobility services to Italy.


Fri, 3 Feb 2017 13:36:00 PST

South Africa-based Bidvest Car Rental has introduced its Snappdrive app that allows users to handle the entire rental process on a smartphone.


Fri, 3 Feb 2017 10:51:00 PST

Revv, an Indian-based carsharing service, has expanded to three new cities in India: Mumbai, Chennai, and Jaipur. It now operates in seven cities across India.


Fri, 3 Feb 2017 10:14:00 PST

Europcar Hourly Hire, available in the Highlands and Islands of Scotland, offers both electric and hybrid vehicles.


Thu, 2 Feb 2017 16:32:00 PST

Luxury car rental sales as well as prices are increasing in Houston ahead of the Super Bowl. Normally priced at $1,299 per day, the Lamborghini Huracan convertible is currently going for $2,500 per day at a Houston luxury rental location.


Wed, 1 Feb 2017 16:44:00 PST

Sales of fleet vehicles to commercial, daily rental, and government buyers slipped lower in January, despite year-over-year growth in sales of trucks, vans, and SUVs, according to the automakers and Automotive Fleet data.


Wed, 1 Feb 2017 09:59:00 PST

Airport rates in January dropped $3.87 compared to a year ago. The Tennant Group and Rate-Highway also took a look at the major eight rental brands’ average rate quotes over the last three years. National has held the highest rates for the most weeks over Hertz and Avis.


Wed, 1 Feb 2017 09:52:00 PST

Sojern’s Global Travel Insights Report for Q4 2016 showed that the top destinations both searched and booked included the U.S., Spain, the U.K., Mexico, Italy, Germany, France, and Portugal. For the upcoming spring, Sojern sees high travel in April for the Easter holiday.


Wed, 1 Feb 2017 09:44:00 PST

Advantage Rent A Car (AEZ), operator of the Advantage and E-Z Rent-A-Car brands, will unveil new logos, websites, and revamped rewards programs for both of its brands.


Wed, 1 Feb 2017 09:30:00 PST

Ride-hailing services are now allowed by one-half (50%) of all corporate travel policies, a jump from 44% in June 2016, according to a Global Business Travel Association report.


Tue, 31 Jan 2017 10:30:00 PST

Daimler will eventually offer self-driving Mercedes-Benz vehicles on Uber's ride-hailing platform under a new partnership between the two companies announced Jan. 31.


Tue, 31 Jan 2017 10:24:00 PST

Providing insight on government affairs, Bill Marion of Purdue Marion & Associates will deliver the American Car Rental Association’s general session speech at the 2017 International Car Rental Show.


Tue, 31 Jan 2017 10:11:00 PST

Moving away from only using smart fortwo vehicles, car2go anticipates that Mercedes-Benz vehicles (CLA and GLA) will comprise the majority of its North American fleet by the end of 2017.


Tue, 31 Jan 2017 09:52:00 PST

Safr is a ride-hailing platform exclusively for women — connecting female drivers with female riders. Currently, it is an invitation-only launch and will roll out to the public in Boston after March 1.


Tue, 31 Jan 2017 09:25:00 PST

E-FLEET.com offers electric vehicle rentals to Uber and Lyft drivers who choose not to buy or lease their own car or don't have a qualifying vehicle necessary to work.


Mon, 30 Jan 2017 16:27:00 PST

Fox Rent A Car will amend its prepaid rental booking, refund, and cancellation policies for customers that have been impacted by the recent U.S. travel ban.


Mon, 30 Jan 2017 12:14:00 PST

Avis Budget Group Inc. plans to report its fourth quarter and full-year 2016 results after market close on Wednesday Feb. 15.


Thu, 26 Jan 2017 11:58:00 PST

Enterprise Holdings Inc. has announced its entrance into Armenia with new franchise partner TravelCar. With this partnership, Enterprise intends to also operate in the nearby country of Georgia.


Wed, 25 Jan 2017 16:19:00 PST

Toyota, Porsche, General Motors and Subaru were some of the big winners in Kelley Blue Book’s 2017 Best Resale Value Awards, annual awards that recognize vehicles expected to best retain their value over the first five years of ownership.


Wed, 25 Jan 2017 15:54:00 PST

Speed Auto Systems, a software platform, is now offering automatic passport and driver’s license reading as part of its car rental software system.


Wed, 25 Jan 2017 10:47:00 PST

Discussing Europcar's view of today's global car rental market and its vision for the future, Marcus Bernhardt of Europcar Group will deliver this year’s general session speech at the 2017 International Car Rental Show.


Wed, 25 Jan 2017 09:54:00 PST

An independent rental operator is looking for answers after Palm Springs International Airport suddenly prohibited off-airport rental companies from using its public parking lot.


Wed, 25 Jan 2017 09:41:00 PST

The German company will be implementing the mobile payment service for its divisions such as car2go and mytaxi.


Wed, 25 Jan 2017 09:36:00 PST

To celebrate National Plan for Vacation Day on Jan. 31, Alamo Rent A Car is offering discounts on rentals until Feb. 7 for trips booked between March 1 and Aug. 31, 2017.


Wed, 25 Jan 2017 09:27:00 PST

Voters in McLennan County, Texas, could decide whether to approve a $34.4 million renovation of Waco’s Extraco Events Center by enacting a 5% rental car tax and 2% hotel tax.


Wed, 25 Jan 2017 09:16:00 PST

Enterprise Holdings received several awards from magazines such as Travel Weekly and Business Traveler USA.


Tue, 24 Jan 2017 16:54:00 PST

For a limited time, Budget customers can rent an economy or compact vehicle for a base rate as low as $17 per weekend day or $129 per week.


Tue, 24 Jan 2017 12:00:00 PST

In an autonomous vehicle environment, the business model will change, but fleet management will be more important than it is today.


Tue, 24 Jan 2017 10:22:00 PST

In financial year 2016, car2go's global network (of nearly 14,000 vehicles) was rented more than 22 million times, a 21% increase compared to 2015.


Tue, 24 Jan 2017 10:20:00 PST

Beginning the partnership in 2014, Mex Rent A Car and Rentalcars.com have renewed their agreement to continue to expand the brands in more countries.


Tue, 24 Jan 2017 10:17:00 PST

Sixt receives three World Travel Awards for its car rental service, luxury cars, and limousine service.


Tue, 24 Jan 2017 09:59:00 PST

Europcar Group and Shouqi Car Rental, a car rental company in China, have signed a partnership to better serve their customers in China and around the world.


Tue, 24 Jan 2017 09:47:00 PST

car2go, a franchise holder, will operate Tel Aviv’s new carsharing service Autotel, which will start with 260 vehicles.


Tue, 24 Jan 2017 09:43:00 PST

ZoomCar, an India-based self-drive rental service, will be selling its fleet of cars to push its associate program, ZAP.


Tue, 24 Jan 2017 09:22:00 PST

The India-based carsharing company has launched this program to help city commuters.


Mon, 23 Jan 2017 16:35:00 PST

The Illinois Supreme Court told Chicago to stop collecting taxes on suburban car rental companies that may rent cars for use within city limits. The way that Chicago imposes the tax violates the home rule article of the state constitution.


Mon, 23 Jan 2017 16:21:00 PST

Smart Car Rental’s carsharing service will be available for users at 45 locations within Dubai.


Mon, 23 Jan 2017 16:14:00 PST

The ride-hailing service, which stopped service in November after running out of money, plans on relaunching its services later this year.


Mon, 23 Jan 2017 16:08:00 PST

Avis Now has launched at several Avis locations in Australia, allowing one-touch car rental.


Mon, 23 Jan 2017 15:58:00 PST

Haupcar, a startup company in Thailand, has brought short-term car rental to Bangkok with its carsharing app.


Wed, 18 Jan 2017 10:45:00 PST

Bringing guest service secrets from the hotel industry to car rental, Mary Ann Sena-Edelen of MGM Resorts International will deliver the closing keynote session at the 2017 International Car Rental Show.


Wed, 18 Jan 2017 09:45:00 PST

Vehicle transportation provider MetroGistics has promoted four executives following the company's planned merger with AmeriFleet, the St. Louis-based company has announced.


Wed, 18 Jan 2017 09:03:00 PST

With Uber’s latest integration update, users can now request a ride, see their driver en route, contact the driver, and follow their trip status all within Google Maps.


Wed, 18 Jan 2017 08:57:00 PST

During a panel seminar at the 2017 CES (Consumer Electronics Show), Enterprise Holdings Inc. delivered a strong argument for prioritizing consumer needs.


Tue, 17 Jan 2017 14:13:00 PST

Until the end of January, Avis Preferred loyalty program members will receive double points for car rentals in Florida.


Tue, 17 Jan 2017 14:03:00 PST

Enterprise Rent-A-Car is the presenting sponsor in honor of the rental brand’s commitment to pick up the communities where its customers and employees live and work.


Tue, 17 Jan 2017 13:57:00 PST

Steve Banfield, CEO of ReachNow, says that Seattle’s ReachNow carsharing service will be one of the first places people will get to try out BMW autonomous vehicles.


Tue, 17 Jan 2017 13:36:00 PST

Wholesale used vehicle prices in December averaged $10,642, which was essentially flat from the month before but a 3.9% increase over the same period in 2015, according to ADESA. Truck prices were down 0.6% in December.


Tue, 17 Jan 2017 12:12:00 PST

The city of San Francisco is reconsidering the number of parking spaces it will reserve for carsharing companies.


Fri, 13 Jan 2017 10:48:00 PST

The recall expansion, due to get under way in February, affects approximately 543,000 additional vehicles in the U.S.


Wed, 11 Jan 2017 10:42:00 PST

In the keynote seminar “Car Rental and the Future of Mobility,” panelists will discuss the changing landscape of transportation and how they could affect the business model of car rental.


Wed, 11 Jan 2017 09:55:00 PST

December airport rate quotes were down $1.02 nationwide from a year ago. With year-to-year comparisons from down $6.11 in January to up to $5.48 in September, the last three months of 2016 were relatively stable.


Wed, 11 Jan 2017 09:46:00 PST

Providing an online marketplace for classic car rental companies, Vinty hopes to expand its platform to include a peer-to-peer model for private owners who want to rent their vintage vehicles.


Wed, 11 Jan 2017 09:17:00 PST

Ford’s app-based, ride-sharing service Chariot will expand to eight cities this year, including at least one global city. Currently, the service operates in San Francisco and Austin.


Tue, 10 Jan 2017 16:56:00 PST

In December, the average mileage on rental risk units sold (38,600 miles) was similar to recent months, but it was 13% lower than a year ago, according to Manheim. The Manheim Index for December finished at 124.9, a decline of 0.6% year-over-year.


Tue, 10 Jan 2017 16:46:00 PST

For a flat monthly fee, BOOK gives members access to Cadillac vehicles without the commitment of leasing, financing, or buying. BOOK will first launch in the New York metro area.


Tue, 10 Jan 2017 16:38:00 PST

Enterprise Rent-A-Car’s $23,000 donation to the Harry Chapin Food Bank is part of its Fill Your Tank program.


Tue, 10 Jan 2017 16:30:00 PST

A renter of ReachNow crashed one of its BMW carsharing vehicles into a power pole in Seattle. Police suspect the driver of driving under the influence.


Tue, 10 Jan 2017 08:50:00 PST

Anunciando la reunión Latinoamericana is returning for its fourth year at the International Car Rental Show, taking place at Bally’s Las Vegas, March 27-29.