Saudi Car Rental Company Shows 40% Growth in 2020

The company was able to maintain this growth by allowing its customers to keep rental vehicles in their driveways free of charge and use them if they needed to go to the supermarket or health clinic. Photo via Stockvault.net/Muhammad Fazal M. M. Rehmani Aljomaih Auto Rental (Ajar), a franchisee of the Enterprise Holdings rental brands… Continue reading Saudi Car Rental Company Shows 40% Growth in 2020

The Future of Car Rental Telematics Is Direct OEM Integration

Most telematics installations for car rental still go through the OBD-II port, which was cumbersome if a T-harness was required. New systems forego the OBD-II port entirely, while the future entails connecting to the automotive OEM’s modem. Photo via Wikimedia Commons/saitobesho. Auto Rental News sat down with Thomas Brady, chief technology officer and cofounder of RentalMatics,… Continue reading The Future of Car Rental Telematics Is Direct OEM Integration

7-Eleven Plans to Install 500 Chargers at Stores

7-Eleven says adding 500 charging ports at 250 stores will make EV charging more convenient and help accelerate broader adoption of EVs and alternative fuels. Photo: 7-Eleven 7‑Eleven, Inc. is undertaking a massive electric vehicle installation project, with a goal of building at least 500 direct current fast charging (DCFC) ports at 250 select U.S.… Continue reading 7-Eleven Plans to Install 500 Chargers at Stores

Sixt Adds Franchise in Azerbaijan

A permanent, in-terminal airport presence is planned with the revival of international travel. Photo courtesy of Sixt. Sixt has appointed Smart Rent a Car as its franchise partner for Azerbaijan, the company announced today. The partnership leverages Sixt’s experience in mobility for more than 100 years and Smart Rent a Car’s experience in the local… Continue reading Sixt Adds Franchise in Azerbaijan

Memorial Day Travel to Break Pandemic Records

The expected increase still represents 13% — or nearly 6 million — fewer travelers than in 2019. Photo via Wikimedia Commons/Jim Champion. AAA Travel expects a significant rebound in the number of Americans planning to travel this Memorial Day holiday weekend. From May 27 through May 31, more than 37 million people are expected to travel 50… Continue reading Memorial Day Travel to Break Pandemic Records

CARB Votes to Transition Ride-Hailing Fleets to Zero-Emissions by 2030

Last year, Uber pledged to invest $800 million through 2025 to help their drivers make the switch, though the actual cost is estimated to be more than double that. Photo via Wikimedia/Raysonho. The California Air Resources Board (CARB) voted on May 20 to approve the nation’s first standard to transition ride-hailing fleets to zero-emission vehicles by… Continue reading CARB Votes to Transition Ride-Hailing Fleets to Zero-Emissions by 2030

Brazilian Authorities Investigate Planned Localiza, Unidas Merger

With a fleet of about 470,000 cars, the combined company would be worth about 50 billion reais ($9.5 billion). Photo via Pxfuel. CADE, Brazil’s antitrust division, is investigating Localiza’s proposed merger with Unidas, according to NASDAQ. The regulator is looking into claims that the combined group may have too much market control and reduce competition. In a statement,… Continue reading Brazilian Authorities Investigate Planned Localiza, Unidas Merger

Planning on Renting Your Vehicles on a P2P Platform for Gig Drivers? Be Aware of the Risks

For gig platforms that self-insure for collision and liability, whatever is paid out in an accident beyond whatever deductible is stated is coming out of the platform owner’s pocket, not an insurance provider. Photo via Pixabay/cdz. A lawsuit recently made headlines that, for anyone that knows the peer-to-peer (P2P) rental industry, is regrettable but inevitable… Continue reading Planning on Renting Your Vehicles on a P2P Platform for Gig Drivers? Be Aware of the Risks

Hertz Selects Centerbridge Partners as Equity Sponsor for Chapter 11 Exit

The proposed transaction remains subject to approval by the bankruptcy court. Photo via Atomic Taco/Flickr. Hertz Global Holdings has an investment partner to lead it out of bankruptcy. Hertz announced on April 3 that it has selected a renegotiated proposal from Centerbridge Partners, Warburg Pincus, and Dundon Capital Partners to provide the equity capital required to fund… Continue reading Hertz Selects Centerbridge Partners as Equity Sponsor for Chapter 11 Exit