Carwiz Grows Service in Florida, Texas

(L to R): Alberto Lucente, CEO of Colusa Rent a Car; and owner Krešimir Dobrilović, CEO of CARWIZ international. Photo: Carwiz CARWIZ International recently renewed its five-year partnership with Colusa Rent a Car in Miami to provide service in Florida and Texas, strengthening its presence in the southeastern U.S. The expansion marks CARWIZ’s entry into… Continue reading Carwiz Grows Service in Florida, Texas

Go Rentals Adds FBO Chain That Puts It at 250+ U.S. Locations

Signature Aviation operates an industry-leading network of private aviation terminals, with over 200 locations covering key destinations in 27 countries across five continents. Photo: Go Rentals Go Rentals recently launched its newest partnership as the perferred private aviation rental car service for Signature Aviation, a multinational aviation services company based in Orlando, Florida. This latest… Continue reading Go Rentals Adds FBO Chain That Puts It at 250+ U.S. Locations

Reynolds Acquires TSD Mobility Solutions

Chris Walsh is the president of The Reynolds and Reynolds Company, based in Dayton, Ohio. Photo: The Reynolds and Reynolds Company The Reynolds and Reynolds Company announced Aug. 7 it has acquired TSD Mobility Solutions, a fleet management software and services compan. TSD designs and develops fleet mobility solutions for rental car companies, dealerships, manufacturers,… Continue reading Reynolds Acquires TSD Mobility Solutions

OPENLANE Offers Faster Vehicle Wholesaling Tech Tool

The sale format — which represents a growing share of OPENLANE’s overall marketplace transactions — boosts buyer visibility and engagement, generating better returns for sellers. Graphic: OPENLANE OPENLANE on Aug. 6 launched its Automated Absolute Sale, a new tool that allows U.S. sellers to set a price threshold at the time of listing that moves… Continue reading OPENLANE Offers Faster Vehicle Wholesaling Tech Tool

Damaged Rental Cars See Faster Repairs but Stay Off Fleet Longer Than in 2019

Alaska had the highest overall LOR in Q2 2024 at 20.7 days, followed by Colorado and West Virginia, both at 19.4 days. New Mexico was right behind at 19.2 days. North Dakota had the lowest LOR at 11.1 days, with Washington, D.C. at 12.3 days and Iowa at 12.6 days. Montana had the largest LOR… Continue reading Damaged Rental Cars See Faster Repairs but Stay Off Fleet Longer Than in 2019

Carwiz Renews Its Five-Year Poland Franchise

Krešimir Dobrilović (R), CEO of Carwiz, with his car rental franchise counterpart in Poland. Photo: Carwiz Global rental car company Carwiz International recently renewed its five-year partnership with Carwiz Poland, which started as the company’s 12th franchise in 2019 with its first location in the Polish capital of Warsaw. Five years later, Carwiz has grown… Continue reading Carwiz Renews Its Five-Year Poland Franchise

2024 Fleet Sales Flatlined in July

The combined sales for the three fleet sectors in July totaled 147,543 vehicles, down 14% from the July 2023 total of 171,464 fleet vehicle sales. Graphic: Bobit Combined commercial, rental, and government fleet sales have collectively glided down for most of this year, resulting in a statistical 0% year-over-year tie as of July 31. Fleet… Continue reading 2024 Fleet Sales Flatlined in July

A Typical Business Day at the Largest NextCar/Priceless Franchise

A Typical Business Day at the Largest NextCar/Priceless Franchise – Rental Operations – Auto Rental News 0/12 August 2, 2024 Photo Gallery View Photo Gallery While the global brand name rental car operations capture much of the onsite airport business, a reliable tier of independent franchises fills a valued auto rental market niche with their… Continue reading A Typical Business Day at the Largest NextCar/Priceless Franchise

Cox Automotive Adds Vehicle Options Adjustments to MMR

MMR values have been based on year-make-model-trim data, with additional manual adjustments available for mileage, region, condition and color. However, a vehicle’s specific options and packages can boost or diminish its value compared to the typical configuration. Photo: Pexels / Kelly The widely used wholesale vehicle valuation tool, Manheim Market Report (MMR), now includes automatic… Continue reading Cox Automotive Adds Vehicle Options Adjustments to MMR

Carwiz Capitalizes on Armenian Visitor Boom

The car rental market in Armenia has also been growing rapidly, with increasing demand from both international tourists and locals. Photo: Carwiz International Carwiz International is moving rental car operations into Armenia to capitalize on the country’s growing tourism industry, the company announced this week. Armenia has been experiencing a significant boom in tourism. In… Continue reading Carwiz Capitalizes on Armenian Visitor Boom