The driverless taxi pilot is set to launch in Munch next year. Riders can hail the service via the Moovit app or the SIXT app. Photo: Mobileye Intel subsidiary Mobileye and Sixt have announced a new collaboration to begin offering autonomous ride-hailing services in Munich in 2022. The news came during a keynote at IAA Mobility on Sept. 7 from Intel… Continue reading Mobileye, Sixt Plan New Robotaxi Service
Author: Auto Rental International Online News
Fleet Sales Fall Slightly While Rental Car Sales Come Back
Fleet Unit Sales – August 2021 Versus August 2020 Graphic: Cox Automotive In August, 112,069 total fleet units were sold, a 3% month-over-month decrease compared to 115,976 in July and an 11% increase from August 2020 which recorded 101,159 units, Cox Automotive reported Sept. 3 in a news release. This brings the 2021 year-to-date total… Continue reading Fleet Sales Fall Slightly While Rental Car Sales Come Back
Sixt Partners with Luxury Hotel Network
Photo: Sixt counter at Dallas Fort Worth International Airport DFW courtesy Flickr Sixt and Small Luxury Hotels of the World (SLH) have partnered to offer travelers premium service when renting cars on their travels, according to the company. SLH members will promote SIXT as their preferred partner for car rentals. SLH specializes in offering exclusive and unconventional… Continue reading Sixt Partners with Luxury Hotel Network
Business Travel on Rise But Variants Cause Concern
While new variants are causing some concern, over half of GBTA members report an expected rise in business travel over the next two months. Photo by Thirdman from Pexels The business travel industry continues to report an overall willingness and optimism about the return to business travel. However, the rise of the Delta variant and other variants has become a cause for uncertainty and increased concern over the past month, according to the latest… Continue reading Business Travel on Rise But Variants Cause Concern
Smartphone With AI Tool Can Quickly Assess Vehicle Conditions
The AI solution converts processes usually conducted by an on-site inspector, such as checking a vehicle’s condition, into ones that can be carried out remotely and accurately by an end-user: resulting in far faster results, reduced transportation costs and time, and an improved customer experience. Photo: Tractable Tractable, a company that develops artificial intelligence for… Continue reading Smartphone With AI Tool Can Quickly Assess Vehicle Conditions
Private Equity Firm Buys Majority Stake in XLerate Group
Image: XLerate Group Brightstar Capital Partners, a private equity firm focused on partnering with families, founders, entrepreneurs and management teams, announced Sept. 2 that it has acquired a majority stake in XLerate Group, a leading nationwide car auction and remarketing facilitation company, according to a news release. XLerate’s senior management team and current owner Huron… Continue reading Private Equity Firm Buys Majority Stake in XLerate Group
Cox Automotive Starts Plan to Evaluate Used EV Batteries
The new independent, third-party battery health diagnostic tool built by Spiers New Technologies and Cox Automotive Mobility is powered by SNT’s ALFRED battery decisioning platform. Photo: Cox Automotive Cox Automotive Mobility announced Sept. 1 that it acquired Spiers New Technologies (SNT), a service provider for EV battery lifecycle management, according to a press release. The deal marks… Continue reading Cox Automotive Starts Plan to Evaluate Used EV Batteries
Automotive Remarketers Pivot To A Third Decade
The first IARA Summer Roundtable in two years marked its 20th anniversary, with attendees eager to reconnect in the aisles and corridors of the San Antonio Marriott Riverwalk, Aug. 25-26, 2021. Photo: Martin Romjue / Bobit The International Automotive Remarketers Alliance marked its 20th anniversary conference last week, as well as their first live face-to-face… Continue reading Automotive Remarketers Pivot To A Third Decade
KAR, CARWAVE Deal to Grow Online Marketplace
Image: KAR Global KAR Auction Services, Inc.,dba KAR Global (NYSE: KAR), has signed a definitive agreement to acquire CARWAVE Holdings LLC (“CARWAVE”) subject to certain regulatory approvals and other customary closing conditions, the companies announced in a media release on Aug. 23. CARWAVE is an online dealer-to-dealer marketplace featuring certified mechanical inspections, buyer guarantees and… Continue reading KAR, CARWAVE Deal to Grow Online Marketplace
Advocate for Your Car Rental Business: How to Get Involved & Influence Legislation
You don’t need to be a seasoned lobbyist or political expert to be an advocate for your business. This was the focus of two seminars at the recent 2021 International Car Rental Show. (Missed the conference or want to rewatch the sessions? Good news; the seminars are now available online!) ACRA members and directors Sharky Laguana… Continue reading Advocate for Your Car Rental Business: How to Get Involved & Influence Legislation