Author: Auto Rental International Online News

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

Hertz Completes Sale of Donlen to Athene Holding

Tom Callahan is president of Donlen. Photo courtesy of Donlen. Hertz Global Holdings announced on March 30 the successful completion of the sale of substantially all the assets of its wholly owned subsidiary, Donlen Corporation to Athene Holding Ltd, the companies said in a statement. Hertz received $891 million in cash proceeds per the terms of the transaction,… Continue reading Hertz Completes Sale of Donlen to Athene Holding

Manager of National Fleet Operations for Mazda Passes Away

Dave Funston, manager, national fleet operations for Mazda North American Operations, passed away on April 1, 2021, following a three-year battle with colon cancer.  He was 61.  Funston joined Mazda North American Operations in January 2013 as the manager of its national fleet operations, a position he held until his death.  He has the distinction,… Continue reading Manager of National Fleet Operations for Mazda Passes Away

Savva Rent a Car Sues Getaround for Alleged Insurance-Related Fraudulent Business Practices

Savva believes that some of its claims were simply abandoned by Getaround, even after months of numerous requests for status updates. Image via Pixabay/Okan Caliskan. Savva, a family-owned car rental company serving Southern California, has filed a civil lawsuit against car rental marketplace Getaround Inc., the company announced on March 24. The lawsuit alleges that Getaround… Continue reading Savva Rent a Car Sues Getaround for Alleged Insurance-Related Fraudulent Business Practices

Green Motion Launches Refrigerated Vehicle Unit

The service has gone live today at four pilot locations in the United Kingdom, supporting central England and Scotland, and provides a range of chilled and refrigerated vans, trucks, and trailers for rental.  Photo courtesy of Green Motion. Global franchise and affiliate car rental brand Green Motion, which operates in over 50 countries around the… Continue reading Green Motion Launches Refrigerated Vehicle Unit