The complete agreement between Avis Budget Group and SRS will be included in a form 8-K to be filed with the Securities and Exchange Commission. Photo via Travelarz/Wikimedia. Avis Budget Group has entered into a new cooperation agreement with SRS Investment Management (SRS), the company’s largest shareholder. The terms of the new approximately two-year cooperation agreement… Continue reading Avis Signs New Agreement with Investment Group
Author: Auto Rental International Online News
InspectionNotes, TSD Integrate for Mobile Damage Inspections, Repair Management
All information and documentation is contained in history and is easily accessible through a cloud based dashboard. Photo via Depositphotos. Automobile Technologies has integrated InspectionNotes with TSD’s car rental software to seamlessly exchange real-time data for mobile damage inspections, check-in and check-out, and repair management. InspectionNotes was developed for rental car agents to perform mobile inspections… Continue reading InspectionNotes, TSD Integrate for Mobile Damage Inspections, Repair Management
Cabify Beats Uber, Lyft to Profitable Sustainability
Cabify says it is the first mobility company in the sector that is financially sustainable. Photo via Cabify. Cabify, a Spanish mobility as a service (MaaS) copany, achieved for the first time, in the last quarter of 2019, an operating profit or EBITDA for $3 million dollars. Cabify’s consolidated net revenues in 2019 amounted to $104 million, up 11% from… Continue reading Cabify Beats Uber, Lyft to Profitable Sustainability
Move Mee App Digitizes Rental Process
As a result of creating an autonomous desk experience, on arrival at the destination the customer can skip visiting the physical rental location and go straight to car, avoiding lines. Photo via Move Mee. In an effort to revamp the car rental process, Move Mee is digitizing the entire experience, allowing customers using the Move Mee app to… Continue reading Move Mee App Digitizes Rental Process
Fair Ends Weekly Rentals for Uber Drivers
A spokesperson from Fair said that an unexpected increase in insurance premiums would have increased prices for its rideshare driver customers. Photo via Uber. Fair, a car leasing company, has announced that it will end its Fair Go program that helped Uber rideshare drivers lease cars on a weekly basis, according to a report by… Continue reading Fair Ends Weekly Rentals for Uber Drivers
HyreCar, Clutch to Launch Sharing, On-Demand Mobility Solution
HyreCar’s dealer clients will be able to utilize Clutch’s industry-leading subscription software that powers a variety of convenient consumer-centric transportation solutions, such as single vehicle subscription and service pickup and delivery. Photo via HyreCar. HyreCar and Clutch Technologies, a Cox Automotive brand subscription and mobility services software, have partnered to bring to market a mobility… Continue reading HyreCar, Clutch to Launch Sharing, On-Demand Mobility Solution
Majority of DC Auto Thefts Appear to be Linked to Getaround App
In 2020, more than 200 cars have already been stolen in the D.C. area, according to D.C. police. This is a 38% increase over the same period in 2019, says the report. Photo via Depositphotos. Karl Racine, attorney general of Washington, D.C., believes that 75% of auto theft victims in the D.C. area are connected… Continue reading Majority of DC Auto Thefts Appear to be Linked to Getaround App
4 Ways Rental Fleets Are Elevating Used Vehicle Residual Values
You remember the old saying: “You never get a second chance to make a first impression?” David Paris is a senior analyst at J.D. Power Valuation Services. Photo courtesy of J.D. Power. It is a phenomenon that is very likely at work when it comes to the conventional wisdom that still exists when it comes… Continue reading 4 Ways Rental Fleets Are Elevating Used Vehicle Residual Values
WeShare Expands in Europe
WeShare already started operations in Berlin with 1,500 e-Golf cars in 2019 and the company now has 50,000 registered customers in the city. Photo via John Morgan/Flickr. WeShare, Volkswagen and Škoda’s free-floating carsharing service, is to expand into seven further cities in Germany and other European countries in 2020. Prague and Hamburg in the spring are… Continue reading WeShare Expands in Europe
Rentalcars.com, Ryanair Form Partnership
Ryanair’s customers will not only be offered the widest choice of cars available but will also receive personalized, dynamic recommendations and price-matched rates for car rentals in 60,000 locations across 160 countries. Photo courtesy of Wikimedia/Adrian Pingstone. Ryanair has partnered with Rentalcars.com to offer its travelers the better rates on a wide variety of car rental… Continue reading Rentalcars.com, Ryanair Form Partnership