One example of an innovative solution in the car rental space employs advanced computer vision and machine learning algorithms to automatically inspect vehicles for damage. Photo: Ravin AI A ride in a rented car was once nothing more than a means to an end, a necessity for tourists, business travelers or for those whose cars… Continue reading The Future of Car Rentals: Big Data and Game-Changing AI Inspection Technology
Author: Auto Rental International Online News
MEX Rent-A-Car Opens New Facility in Cancun
The new rental car operation provides a spacious, air-conditioned waiting area, picturesque gardens, a wide cafeteria, and modern restrooms. Photo: MEX Rent-a-Car MEX Rent-A-Car recently held a groundbreaking event for a check-in facility in Cancun, Mexico to celebrate the company’s 10th anniversary. The new rental car operation provides a spacious, air-conditioned waiting area, picturesque gardens,… Continue reading MEX Rent-A-Car Opens New Facility in Cancun
EV Mandates Jump Ahead of Energy and Charging Resources
[embedded content] As more electric vehicles plug in to the grid in coming years, what resources and policies are best suited to ensure electric power will remain stable and seamless 24/7? That is the foremost reality check question facing mass electrification of America’s transportation system amid long-range mandates and goals now likely to arrive sooner… Continue reading EV Mandates Jump Ahead of Energy and Charging Resources
What Happened at Fleet Forward: The Tour NY/NJ?
Photo Gallery View Photo Gallery Fleet Forward: The Tour recently made its latest stop of the series, coming to the New York/New Jersey region on Sept. 13. The one-day regional event featured educational sessions on managing the transition to electric vehicles and other new technologies, as well as a ride-and-drive with new EV models, and networking… Continue reading What Happened at Fleet Forward: The Tour NY/NJ?
How Will UAW Strike Affect New, Used, and Rental Vehicles?
The Detroit 3 are heavy in ICE, pickups, and SUVs. They also sell more heavily into fleet, and Ford produces the top-selling Ford F-150 pickup truck and most popular electric pickup truck, the F-150 Lightning. Photo: Maritn Romjue / Bobit As widely expected, the United Auto Workers (UAW) union has officially called a strike against… Continue reading How Will UAW Strike Affect New, Used, and Rental Vehicles?
3 Key Trends Driving the EV Charging Market
The transition towards higher voltage charging infrastructure promises enhanced performance and reduced charging times alongside regulatory initiatives that support the deployment of fast chargers. Photo: Martin Romjue / Bobit The world is witnessing an electrifying revolution in the automotive industry, as electric vehicles (EVs) emerge as a compelling solution to combat climate change and reduce… Continue reading 3 Key Trends Driving the EV Charging Market
Paul Stone To Leave Hertz COO Post
Paul Stone has served as President and COO since October 2021, and previously served as President and CEO of Hertz from May 2020 to October 2021. Photo: Hertz / Design: Canva Hertz Global Holdings, Inc. announced Sept. 13 that Paul Stone, chief operations officer and President, will step down from his role on Sept. 30… Continue reading Paul Stone To Leave Hertz COO Post
Rental Car Provider Adds Another Spot on the Globe
Carwiz recently opened car rental locations across the nation of Georgia, including in the Black Sea coastal city of Batumi. Photo: Carwiz Carwiz, a global rent-a-car company, announced on Sept. 6 its entry into the nation of Georgia on the Caucuses region. Carwiz is furthering its presence in Georgia after it recently established outlets in… Continue reading Rental Car Provider Adds Another Spot on the Globe
Wholesale Used-Vehicle Prices and Sales Holding Steady
Compared to August 2022, pickups, vans, and SUVs lost less than the industry, down 2.8%, 6.1%, and 7.5%, respectively. Compact cars performed the worst year over year, down 13.3%, followed by midsize cars at 12%, and luxury down 8.8%. Graphic: Cox Automotive / Manheim Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis)… Continue reading Wholesale Used-Vehicle Prices and Sales Holding Steady
Used Vehicle Supply Drops on Strong Sales
The average used-vehicle listing price began September lower than one month ago and was down 6% compared to August 2022. Graphic: Cox Automotive Used-vehicle inventory declined throughout August on stronger sales, according to the Cox Automotive analysis of vAuto Available Inventory data released Sept. 8. The total supply of unsold used vehicles on dealer lots… Continue reading Used Vehicle Supply Drops on Strong Sales