Photo courtesy of Hertz. Hertz Global Holdings reported third quarter 2019 financial results today. For the third quarter 2019, total revenues were $2.8 billion, a 3% increase versus the third quarter 2018. Net income attributable to Hertz Global was $169 million compared to $141 million in the third quarter 2018. Adjusted Net Income for the… Continue reading Hertz Grows Revenue, Income in Q3
Author: Auto Rental International Online News
Enterprise Advocates for Pennsylvania P2P Carsharing Bill
The panel addressed a series of topics critical to airport operations, trends in transportation, and local legislative issues that will be addressed during the final months of this year’s legislative session. Photo via Depositphotos. Customers who rent vehicles in Pennsylvania are best served by marketplace parity and common-sense rules that treat all service providers the… Continue reading Enterprise Advocates for Pennsylvania P2P Carsharing Bill
Alexander, Konstantin Sixt Receive Digital Awards
At this year’s Digital Champions Awards in Cologne, an initiative of WirtschaftsWoche and Deutsche Telekom, Alexander and Konstantin Sixt were awarded the special prize “Digitisers.” The top-class jury honored the two brothers for the most outstanding digitalisation story in 2019. Nico Gabriel, Sixt’s divisional director of digital X, accepted the award from former boxing world champion… Continue reading Alexander, Konstantin Sixt Receive Digital Awards
NIADA Extends Partnership with Insurance Provider Williams & Stazzone
Because Williams & Stazzone strongly supports the key role associations play in educating their member dealers about the daily risks of business, the company is a proud member of and contributor to many state and national trade associations. Photo via Depositphotos. The National Independent Automobile Dealers Association (NIADA) is continuing its longtime Bronze-level National Corporate Partnership… Continue reading NIADA Extends Partnership with Insurance Provider Williams & Stazzone
Carwiz Franchisee Awarded ‘Strongest in Iceland’
Magnús Arnar Kjartansson, the general director of Icerental4x4, accepted the award. Photo courtesy of Carwiz. Icerental 4×4 is this year’s recipient of “The Strongest in Iceland” award, which is based on meeting high standards set by Credit Info, a company that collects statistical credit scores to evaluate the probability of default within the next 12 months of… Continue reading Carwiz Franchisee Awarded ‘Strongest in Iceland’
Angry Travelers Face Long Lines at LAX’s New Rideshare Pickup
For most travelers, wait times for Uber and Lyft rides exceeded an hour. Photo via Brendan C/Flickr. Travelers at Los Angeles International Airport (LAX) faced packed shuttle buses and long wait times using the new Uber, Lyft, and taxi pickup system, according to a report by the Los Angeles Times. For most travelers, wait times… Continue reading Angry Travelers Face Long Lines at LAX’s New Rideshare Pickup
OjO Electric Expands Rideshare Scooter Programs
As part of the expansion, OjO will increase its fleet from 100 to 500 seated electric scooters for added mobility within the cities. Photo via Depositphotos. OjO Electric Corp., a Light Electric Vehicle (LEV) mobility solutions company, has announced the expansion of its electric rideshare scooter service in Austin and Dallas. As part of the… Continue reading OjO Electric Expands Rideshare Scooter Programs
India’s Ola Launches Carsharing
Ola Drive allows users to design their own package, controlling everything from the number of kilometers and hours, to fuel inclusion. Photo courtesy of Ola. Ride-hailing firm Ola recently launched “Ola Drive,” a carsharing service in India. The service has been initially rolled out for users in Bengaluru with Hyderabad, Mumbai, and New Delhi to follow… Continue reading India’s Ola Launches Carsharing
Romanian P2P Carsharing Group Launches in 4 Cities
Perpetoo’s vehicles are now available in Bucharest, Cluj-Napoca, Iasi, and Timisoara. Photo via HPGruesen/Good Free. The first peer-to-peer carsharing service to operate in Romania has launched in four cities, Business Review reports. Perpetoo’s vehicles are now available in Bucharest, Cluj-Napoca, Iasi, and Timisoara. People who wish to list their vehicles on Perpetoo’s site can set their own… Continue reading Romanian P2P Carsharing Group Launches in 4 Cities
Subscription Service Carly Forms Partnership with Hyundai
Hyundai is the first manufacturer to support a vehicle subscription service in Australia across multiple models in its new vehicle range. Photo via Depositphotos. Australia’s car subscription service Carly signed a deal with Korean automotive giant Hyundai, which will see new and used vehicles available for customers on a flexible basis nationwide via the Hyundai dealer network. Hyundai… Continue reading Subscription Service Carly Forms Partnership with Hyundai