Scott Painter bought 500 Teslas in November 2022, and was $8 million underwater on them the day the discounts went into effect. Photo: Expo Ease, Inc. When Tesla started cutting prices in December 2022, prospective buyers rejoiced. But fleet lessors and owners winced, understanding that when automakers drop money on the hood of a vehicle… Continue reading How Tesla’s Price Cuts Illustrate EV Ownership Cost Volatility for Fleets
Author: Auto Rental International Online News
EvoCharge Launches Tiered Charging Network
EvoCharge Home App launched in 2021 gives businesses another option for a cost-effective yet reliable solution with a single app experience for users whether at home or away. Photo: EvoCharge EvoCharge will launch its EvoCharge Network next month, creating a connected series of chargers throughout North America. The company’s network software adds more ways to… Continue reading EvoCharge Launches Tiered Charging Network
Used Vehicle Market Stretches History and Defies Labels
CAR emcee Charlie Vogelheim moderated the four remarketing economists and analysts for the session, “Pivots, Plunges & Thrashes: A 70s Economy Meets the 20s Industry Market,” during the Conference of Automotive Remarketing, March 29, 2023, in Las Vegas. Photo: Ross Stewart / Stewart Digital Media The automotive remarketing industry likely ranks among the few where… Continue reading Used Vehicle Market Stretches History and Defies Labels
SIXT Adds Branch at Ronald Reagan Washington National Airport
The DCA branch joins a growing list of recent SIXT branch openings in the U.S., including Pittsburgh, Nashville, Vail, Charlotte, and Toronto. SIXT USA SIXT USA continues its robust U.S. expansion with a new car rental branch at Ronald Reagan Washington National Airport (DCA) in Washington, D.C. The new branch, which opened April 1, is… Continue reading SIXT Adds Branch at Ronald Reagan Washington National Airport
22 Takeaways & Sage Advice from ICRS 2023
The 2023 International Car Rental Show had a record attendance not seen in 23 years. What gives? Photo: Expo Ease, Inc. and Canva If you hadn’t heard, we reached 1,000 registrants for the 2023 International Car Rental Show (ICRS). That’s the best attendance in 23 years. I had a few folks ask me why… Continue reading 22 Takeaways & Sage Advice from ICRS 2023
2023 ICRS Photo Highlights: Exhibit Hall, Networking
2023 ICRS Photo Highlights: Exhibit Hall, Networking – Rental Operations – Auto Rental News 0/18 April 25, 2023 Photo Gallery View Photo Gallery The 2023 International Car Rental Show drew over one thousand registrants, a figure that hasn’t been reached in 23 years. Over 100 exhibitors from 40 countries descended on the show floor at Paris… Continue reading 2023 ICRS Photo Highlights: Exhibit Hall, Networking
2023 ICRS Photo Highlights: Speakers, Educational Sessions
2023 ICRS Photo Highlights: Speakers, Educational Sessions – Rental Operations – Auto Rental News 0/16 April 25, 2023 Photo Gallery View Photo Gallery Beating attendance records that stood for 23 years, the 2023 International Car Rental Show drew one thousand registrants. Coming from 40 countries, car rental operators and suppliers gathered at the Paris Las Vegas… Continue reading 2023 ICRS Photo Highlights: Speakers, Educational Sessions
Green Motion and U-Save Expand to Hawaii
Pictured left to right – Pat Aiona, Richard Lowden, Patrick Aiona Jr. Green Motion & U-Save Hawaii Following a successful first day at the International Car Rental Show, Green Motion and U-Save announced the signing of both franchises for the state of Hawaii, continuing the group’s rapid expansion across the Americas. Acquired by local entrepreneurs, Patrick… Continue reading Green Motion and U-Save Expand to Hawaii
Carwiz Takes Flight with DFW Airport Location
The new location bolsters CARWIZ International’s presence in the United States. CARWIZ Carwiz International has opened a new Dallas/Fort Worth International Airport (DFW) location. The affiliate at DFW Airport will offer a range of high-quality car rental services to domestic and international travelers, providing convenient and reliable transportation options for business and leisure travelers alike. The… Continue reading Carwiz Takes Flight with DFW Airport Location
Hertz and Mayor Dickens Launch “Hertz Electrifies Atlanta”
Hertz Chair and CEO Stephen Scherr and Mayor of Atlanta Andre Dickens shake hands at the launch of Hertz Electrifies Atlanta. Hertz Hertz chair and CEO Stephen Scherr and Mayor of Atlanta Andre Dickens launched Hertz Electrifies Atlanta, a public-private partnership aimed at accelerating electric vehicle (EV) adoption and expanding the environmental and economic benefits of electrification throughout Atlanta. Hertz,… Continue reading Hertz and Mayor Dickens Launch “Hertz Electrifies Atlanta”