Enterprise Mobility Enters Latin American, Caribbean Markets

Enterprise, National, and Alamo brands will be available in five locations including two in the capital city Santiago as well as Talca, Linares and Antofagasta. Franchise expansion plans include introducing service to additional airports in Chile along with adding branches in other major city centers. Photo: Enterprise Mobility Enterprise Mobility is expanding its footprint in… Continue reading Enterprise Mobility Enters Latin American, Caribbean Markets

SIXT USA Extends Off-Airport Presence with Six New Locations

SIXT advertising at the Reagan National Airport near Washington, D.C., where it opened operations on April 1, 2023. Photo: SIXT SIXT USA this week announced the opening of six new off-airport locations as it rolls out a growing retail footprint across the nation. The six locations are: Pasadena, California; Cherry Creek, Colorado; Doral, Florida; Chicago,… Continue reading SIXT USA Extends Off-Airport Presence with Six New Locations

Reworking the Remarketing Funnel for Future Growth

The session will address — how to be better, move cars more quickly, and make more money while doing it. Photos: From speakers / Graphic: Bobit The traditional remarketing funnel may morph into a broader approach that takes sales and transactions upstream. A session at the Conference of Automotive Remarketing (CAR) will examine major shifts… Continue reading Reworking the Remarketing Funnel for Future Growth

What Are EV Charging Trends For Fleet and Automotive Sectors in 2024?

As electric vehicles become more affordable, apartment-dwellers will get on the EV train. Photo: Bullet EV Charging Solutions Bullet EV Charging Solutions, an installer of EV chargers, solar panels, and battery storage systems, on Jan. 24 released its predictions for major electric vehicle charging trends expected to affect the automotive and fleet industries in 2024. Among… Continue reading What Are EV Charging Trends For Fleet and Automotive Sectors in 2024?

Forecast Predicts U.S. Will Struggle for Global Inbound, Domestic Business Travel

Other countries are actively advancing strategies to gain international visitors and are now ahead of the U.S. in the race to win back the global travel market. Photo: Pexels / Andrea Piacquadio The U.S. Travel Association recently released its biannual forecast for travel to and within the United States through 2027, showing international inbound travel… Continue reading Forecast Predicts U.S. Will Struggle for Global Inbound, Domestic Business Travel

In Memorium: Dick Hemel, Rental Car Operator and Leader

Richard “Dick” Hemel, Oct. 15, 1943 — Jan. 7, 2024 Photo: Hemel Family / Graphic: Bobit Richard “Dick” Hemel, a longtime rental car operator for Budget and Hertz and an industry association leader, died Jan. 7. He was 80 years old. According to recently published obituaries, Hemel worked for many years in the rental car… Continue reading In Memorium: Dick Hemel, Rental Car Operator and Leader

Black Book, Recurrent Enhance EV Values with Deeper Battery Insights

EV batteries are holding up much better than many people expected, but the industry is realizing that the battery condition and resulting expected range are critical variables, said Scott Case, CEO at Recurrent. Photo: Bobit file photo Black Book introduced Jan. 23 the industry’s first electric vehicle (EV) valuations, dubbed Battery Adjusted Values, which incorporate… Continue reading Black Book, Recurrent Enhance EV Values with Deeper Battery Insights

ICRS 2024: How Small Rental Companies Can Boost Profits

Panel topics include buying and funding fleet, maximizing revenues from reservations and fleet management, connecting to OTAs and other marketing opportunities, as well as advice on how to contract insurance, systems software, and other services. Graphic: Bobit Attention small rental companies with 50 or fewer units: this seminar is for you. When you don’t have… Continue reading ICRS 2024: How Small Rental Companies Can Boost Profits

LOR Declines by a Day in Q4 2023 as Rental Vehicle Repair Backlog Eases

Despite regional variations, challenging market conditions remain, and overall LOR stands much higher than it was pre-pandemic. Graphic: Enterprise Rent-A-Car Overall length of rental (LOR) for collision-related rentals in Q4 2023 was 17.7 days, a one-day decline from Q4 2022, according to a report released Jan. 22 by Enterprise Rent-A-Car. In Q4 2022, LOR (18.7… Continue reading LOR Declines by a Day in Q4 2023 as Rental Vehicle Repair Backlog Eases

How Rental Car Companies Can Navigate the Maze of Damage Recovery

One major hurdle in damage recovery is the lack of concrete evidence. Without clear documentation of the vehicle’s condition before and after the customer’s use, rental companies often find themselves in a precarious position. Photo: Ravin AI The rental car industry is at a crossroads. Faced with the constant issue of recovering costs from damages… Continue reading How Rental Car Companies Can Navigate the Maze of Damage Recovery