(L to R): Nick Harwood, non-exec director; Sophie Gadsden, head of global partnerships and product; Richard Lowden, founder and CEO; and Stuart Trolley, the new head of commercial, global. Photo: Green Motion, U-Save To aid Green Motion and U-Save’s ongoing growth, the company has brought on experienced car rental expert Stuart Trolley as head of… Continue reading Green Motion/U-Save Adds Car Rental Expert to Team
Author: Auto Rental International Online News
Wholesale Used-Vehicle Prices Increase This Month
All major market segments saw seasonally adjusted prices that were again lower year over year in the first half of August, including pickups, sports cars, vans, and SUV’s. Photo: Cox Automotive/Manheim Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.1% from July in the first 15 days of August, according to… Continue reading Wholesale Used-Vehicle Prices Increase This Month
NextCar, Priceless Car Rental Debut on Hopper
Hopper’s innovative mobile marketplace will help introduce the brands to new customers. Photo: NP Auto Group Nextcar and Priceless Car Rental have partnered with Hopper, the third largest online travel agency in North America and a highly downloaded travel app, to offer customers access to the company’s inventory of rental vehicles across its network of… Continue reading NextCar, Priceless Car Rental Debut on Hopper
U-Save Adds Italy to its European Market Growth
Pierre Bertoli and Tommaso Semperboni will head operations for the new Master Country Franchise. IMAGE: U-Save U-Save is proceeding with its expansion into Europe with the sale of its Master Country Franchise for Italy, the company reported Aug. 15. Italian Motor Group and Gruppo Morini acquired the franchise and are working to launch their first… Continue reading U-Save Adds Italy to its European Market Growth
U-Save Opens First Middle East Master Franchise
(L to R): Alex Brown, Booking.com; Richard Lowden, U-Save International; and Lawrence Alamad, U-Save and Green Motion Jordan. Photo: U-Save U-Save is launching its first Master Franchise in the Middle East in Amman, Jordan, the company said Aug. 15. The new franchise was acquired by car rental entrepreneurs, Maher and Lawrence Alamad, a father-son team… Continue reading U-Save Opens First Middle East Master Franchise
EV Drivers Give State of U.S. Charging Bad Reviews
The study, now in its third year, measures EV owners’ satisfaction with two types of public charge point operators: Level 2 charging stations and DC fast charger stations. Satisfaction is measured across 10 factors (in order of importance): ease of charging; speed of charging; physical condition of charging station; availability of chargers; convenience of this… Continue reading EV Drivers Give State of U.S. Charging Bad Reviews
Finalrentals Expands Into Greece
Entrepreneuer Evmorfia Karagiannoudi is the new owner of the Finalrentals franchise in Greece. Photo: Finalrentals Finalrentals has launched a master franchise in Greece, expanding the car rental company’s reach to 32 countries, the company announced recently. Founder and CEO Ammar Akhtar hailed the new franchise as a major achievement, bringing the company closer to realizing its… Continue reading Finalrentals Expands Into Greece
Sixt Reports Best Ever 2Q Financial Results
The earnings are well above the company’s pre-COVID year 2019. Graphic: Pexels SIXT continued its growth course in the second quarter of 2023, generating record revenues of just over $1 billion and marking the highest second quarter revenue in company history, the company reported Aug. 9. This figure equates to an increase of 24.4% compared… Continue reading Sixt Reports Best Ever 2Q Financial Results
July Fleet Sales Rebound to Near Pre-Pandemic Level
Sales into rental fleets in July were up 78.4% year over year, sales into government fleets were up 27.1%, and sales into commercial fleets were up 7.5%. Graphic: Cox Automotive Sales into large fleets, not including sales into dealer and manufacturer fleets, increased 34.5% year over year in July to 171,464 units, according to an… Continue reading July Fleet Sales Rebound to Near Pre-Pandemic Level
Axle, Getaround Partner to Allow Carshare Users to Apply Personal Car Insurance
Axle enables companies to instantly verify insurance and monitor ongoing coverage, helping them reduce operational costs while creating smooth access for users. Photo: Getaround Axle, a universal API for insurance data, recently partnered with Getaround, a global connected carsharing marketplace, to collaborate on allowing customers and hosts to bring their own insurance to the carsharing platform.… Continue reading Axle, Getaround Partner to Allow Carshare Users to Apply Personal Car Insurance