Columbus Fair Auto Auction stands atop 154 acres and operates an 11-lane arena, reconditioning facility, body shop, and mechanical shop. Photo: XLerate Group The XLerate Group (XLerate) said July 12 it recently added Liquid Motors to its arsenal of offerings serving consignors and buyers, both digitally and in-lane, according to a media release. Liquid Motors… Continue reading XLerate Group Acquires Liquid Motors
Author: Auto Rental International Online News
Europcar Rejects Takeover Bid
The rejection of the VW bid comes as car rental companies have experienced a reversal of fortune since the pandemic lows one year ago. Photo courtesy of Europcar. Europcar Mobility Group has rejected a bid for its takeover, according to a statement by the company. “After studying this proposal carefully, the Board of Directors of the… Continue reading Europcar Rejects Takeover Bid
Amazon Home Services Facilitates Rental Bookings in UAE
Renters in Dubai can rent through Amazon Home Services. The cars are delivered directly to the selected address as early as three hours from the time of booking. Photo via Wikimedia Commons/777777kz. Amazon has launched online car rental services through its Amazon Home Services in the United Arab Emirates (UAE) for customers in Dubai, Abu Dhabi, Sharjah, Ajman,… Continue reading Amazon Home Services Facilitates Rental Bookings in UAE
Hawaii Tourism Authority Offers Transportation Options
With the rental car shortage in Hawaii, bike sharing is a new option. Photo via Wikimedia Commons/christo vlahos. Instead of renting a vehicle, the Hawaii Tourism Authority is offering tourists a list of alternative transportation options. With a combination of Hawaii’s rental car fleet decreasing by more than 40% during the pandemic and a recent increase… Continue reading Hawaii Tourism Authority Offers Transportation Options
Sixt U.S. Fleet to Reach 2019 Levels in Summer
After reactivating its existing workforce to full strength, Sixt is planning a hiring offensive to meet this new demand. Photo courtesy of Sixt. Sixt SE held its annual general meeting virtually on June 16, announcing it would increase its fleet to 2019 levels in the U.S. this summer. “After the most difficult and challenging year… Continue reading Sixt U.S. Fleet to Reach 2019 Levels in Summer
Hertz’s Reorganization Plan Ok’d by Bankruptcy Court
Hertz achieved payouts to equity, which are virtually unheard of in Chapter 11. Photo via flickr/www.dhub.com. The bankruptcy court overseeing Hertz Global Holdings Chapter 11 proceedings has approved Hertz’s reorganization plan, the company reported on June 10. The court’s approval clears the way for Hertz to emerge from Chapter 11 by the end of June. According… Continue reading Hertz’s Reorganization Plan Ok’d by Bankruptcy Court
Turo Returns to New York
Turo CEO Andre Haddad revealed plans to take Turo public in 2021. The company turned its first profitable quarter in Q1 of 2021. Photo courtesy of Turo. Peer-to-peer car rental platform Turo has returned to New York following an eight-year absence due to insurance disputes. On June 9, Turo launched its commercial host program in New… Continue reading Turo Returns to New York
Carsharer Virtuo Raises $96M
The online carsharing company is receiving a $60 million Series C and $36 million in asset financing, with AXA Venture Partners leading the equity round. Photo via Depositphotos. Virtuo, a carsharing startup based in France, has raised $96 million to invest in its technology and expand to more European markets, according to a report by… Continue reading Carsharer Virtuo Raises $96M
Ford Maverick: What Can a Compact Pickup Do for Fleets?
Ford brought a display model to its Irvine, California offices to allow journalists to photograph, crawl through, and ask questions. Driving impressions will have to wait until the fall. Photo by Chris Brown. How many work vehicles are over spec’d simply because there are no models that match their applications? Ford is essentially reinventing a… Continue reading Ford Maverick: What Can a Compact Pickup Do for Fleets?
Hiyacar Names New Chairman, CFO
Jason Frank has been a presence at Hiyacar since 2018 after he led a major investment round in the company. Photo via Hiyacar. Carsharing platform Hiyacar has announced the appointment of Jason Frank as chairman and CFO to contribute to the company’s growth. Frank has been a presence at Hiyacar since 2018 after he led… Continue reading Hiyacar Names New Chairman, CFO