Author: Auto Rental International Online News

How Tech Dislocation is Creating Opportunity: The Curious Case of HyreCar

Thankfully HyreCar’s liquidity issues did not kill rideshare and delivery drivers’ desire to work, consumers’ desires to order a ride through Uber or a meal through DoorDash, or the need for fleet owners to connect with those drivers and manage their assets efficiently. Photo: Canva Two decades after the last tech-led downturn, executives are relearning… Continue reading How Tech Dislocation is Creating Opportunity: The Curious Case of HyreCar

Zipcar Commits 25% of EV Fleet to Disadvantaged Communities

Zipcar has committed to allocating 25% of its electric fleet to disadvantaged communities in need of affordable and convenient vehicles. Zipcar Throughout 2023, Zipcar will be expanding its electric vehicle (EV) fleet and commits to allocating 25% of its electric fleet to disadvantaged communities in need of affordable and convenient vehicles for driving to appointments, errands… Continue reading Zipcar Commits 25% of EV Fleet to Disadvantaged Communities

York Car Rental, Hub Rent-A-Car Open Site at Denver Airport

Denver International Airport welcomes York Car Rental and Hub Rent-A-Car corporate store. York Car Rental York Car Rental and Hub Rent-A-Car announces the first new corporate off-site store at Denver International Airport (DEN) and will offer discount short-term daily rental to those traveling to Denver, according to the company’s latest release. Opening York Car rental and… Continue reading York Car Rental, Hub Rent-A-Car Open Site at Denver Airport

New Vehicle Supply Reaches Two-Year High While Affordability Improves

Declining new-vehicle prices, increasing incentives, improving incomes, and a lower average new auto loan rate reduced the average payment to the lowest level since September 2022. Graphic: Cox Automotive New-vehicle supply closed March at its highest level in two years despite surprisingly brisk sales, according to a recent Cox Automotive’s analysis of vAuto Available Inventory… Continue reading New Vehicle Supply Reaches Two-Year High While Affordability Improves

Wholesale Used Vehicle Prices Dip YOY but Rise Since March

Seven of eight major market segments saw seasonally adjusted prices that were again lower year over year in the first half of April. Graphic: Cox/Manheim Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 2.7% from March in the first 15 days of April, according to the midmonth Manheim Used Vehicle Value… Continue reading Wholesale Used Vehicle Prices Dip YOY but Rise Since March

Rexalto Revolutionizes Car Buying With AI Pricing

California-based software start-up Rexalto Inc., has announced the launch of an AI dynamic pricing engine for the US automotive and rental market. Rexalto Inc. Rexalto provides an AI dynamic pricing engine, allowing rental, mobility and infrastructure operators to react instantly to market conditions. Besides the pricing engine, Rexalto provides an e-commerce platform for online auto… Continue reading Rexalto Revolutionizes Car Buying With AI Pricing

Driver Technologies and Getaround Launch Pilot Program to Boost Safety

Users will have full access to Driver’s dash cam and safety app, including forward collision, driver drowsiness and distraction alerts. Driver Technologies  Driver Technologies, Inc. and Getaround have announced a pilot program that will offer drivers of shared vehicles in San Diego, Los Angeles, San Francisco, Portland and Seattle free access to dash cam technology and… Continue reading Driver Technologies and Getaround Launch Pilot Program to Boost Safety

Rental Companies Race to Keep Up with EV Demand

Many rental companies have concerns about the availability of charging infrastructure, which can impact their ability to offer reliable and convenient service to customers. Kindel Media The demand for electric rental cars has grown as consumers become more environmentally aware. However, rental car companies are struggling to keep up with this trend, as their electric… Continue reading Rental Companies Race to Keep Up with EV Demand

Europcar Captures Three Business Motoring Awards

Europcar was recognized in three awards categories. Photo: Canva The Business Motoring Awards honors best-in-class entries in the fleet world, considering everything from new vehicle choices, innovative service offerings, and top rental car companies for both short-term and long-term rentals. This year’s entries “demonstrated great service offering and excellent support structure services, but the winners… Continue reading Europcar Captures Three Business Motoring Awards