Rental and mobility firm Europcar Mobility Group UK is looking to significantly lower the CO2 emissions of its company car fleet by appointing fleet management specialist, CBVC Vehicle Management. The new UK agreement aligns with Europcar Mobility Group’s ‘One Sustainable Fleet’ program which aims at the ‘greenification’ – or decarbonization – of the Group’s fleet… Continue reading Europcar Mobility Group UK Aims To Cut CO2 Emissions By Appointing CBVC To Manage Its Company Car Fleet
Author: Auto Rental International Online News
Carwiz Adds Three New Partnerships
Paul Gallen, managing director of Fourth Tier Solutions Ltd, and Krešimir Dobrilović, CEO of Carwiz International Ltd, shake hands following the announcement of the new partnership. Photo courtesy of Carwiz. Two months after the launch of its U.S. Affiliate Program, Carwiz announced three new vendor partnerships on Nov. 22 involving car rental software and rate management. The European-based… Continue reading Carwiz Adds Three New Partnerships
LA-Based Mocean Carshare Ends Service
Vulog CEO Gregory Ducongé announced its involvement in Mocean’s technology in 2019 just before the company launched. Photo by Chris Brown. Hyundai’s carsharing venture, Mocean, announced it will be ending service at the end of 2021, according to an email the company sent on Nov. 22. The final day members can take a carshare trip is Dec. 27.… Continue reading LA-Based Mocean Carshare Ends Service
One-Fourth of All 3Q Car Buyers Considered EVs or Hybrids
Nearly a quarter of all new-vehicle shoppers in the third quarter considered an electrified vehicle, either a full electric vehicle or a hybrid, according to the Q3 2021 Kelley Blue Book Brand Watch report. That is the highest level of interest in electrified vehicles that the report has ever measured. The report, summarized Nov. 18… Continue reading One-Fourth of All 3Q Car Buyers Considered EVs or Hybrids
The Next Frontier for Car Rental Companies is Sharing Cars
The car rental industry has proven to be resilient throughout the past few years, weathering global lockdowns, supply chain issues, and changing consumer demands. This is a mature industry that continues to survive recessions and adapt to a changing mobility landscape. Despite the challenges that came with the pandemic, there have been some notable wins… Continue reading The Next Frontier for Car Rental Companies is Sharing Cars
GM Returns To Europe With Mobility Unit
Having sold Saab in 2009 and then quit Europe altogether in 2017 when GM Europe sold its Opel and Vauxhall brands to the PSA Group (now Stellantis), GM Europe is nosing its way back to Europe. But this time the offer isn’t metal so much as mobility. The brief is for a non-traditional start-up and… Continue reading GM Returns To Europe With Mobility Unit
Hyundai Debuts All-Electric SUV Concept at LA Auto Show
Hyundai Motor Company presents its all-electric SUV concept SEVEN at AutoMobility LA. Photo: Louis Prejean Hyundai Motor Company debuted its all-electric SUV concept, SEVEN, at AutoMobility LA in the Los Angeles Convention Center on Nov. 17. The SUV concept was showcased on stage in front of a video presentation featuring José Muñoz, president and CEO… Continue reading Hyundai Debuts All-Electric SUV Concept at LA Auto Show
Voyager Global Mobility Acquires Fast Track Mobility
Both VGM and Fast Track provide vehicles to Uber and Lyft drivers. Voyager Global Mobility announced its acquisition of Fast Track Mobility on Nov. 8, increasing the company’s for-hire-vehicle operational footprint in New York City. The transaction was arranged by EA Markets with preferred equity from Prudential Private Capital, the private capital arm of PGIM Inc.,… Continue reading Voyager Global Mobility Acquires Fast Track Mobility
ADESA Simplifies Online Self-Checkout for Customers
The new page streamlines online self-checkout and expands post-sale capabilities enabling customers to view and manage all their ADESA Simulcast and Simulcast+ purchases in one centralized place. Photo: Martin Romjue / Bobit ADESA, a business unit of global wholesale used vehicle digital marketplace operator KAR Global (NYSE: KAR), announced Nov. 9 the launch of its… Continue reading ADESA Simplifies Online Self-Checkout for Customers
The State of the Wholesale Used-Vehicle Market
The highs in the used-vehicle market over the past year have been undeniably record breaking. However, while wholesale values remain strong, industry analysts point to a slight softening in the market. The driving force behind the soaring values can be explained by the most “extreme imbalance” of supply and demand “we’ll ever see,” according to… Continue reading The State of the Wholesale Used-Vehicle Market