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
Author: Auto Rental International Online News
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
EV Charging Shortage Spurs Start-Up Ready to Serve Fleets
Leading execs (L to R) Co-CEO Allen Rezapour, co-founder and former Co-CEO of Fox Rent-A-Car; Co-CEO Andres Pinter, a former senior member of Ares Management’s investment team; and COO Mark Vogel, an expert in renewable energy and former SVP for ADT’s Solar division, all bring complementary backgrounds to their roles. Photos: Bullet EV / Design:… Continue reading EV Charging Shortage Spurs Start-Up Ready to Serve Fleets
Robust Summer Travel Drives Avis Budget Group Q2 Financial Results
Avis reported that revenues were $3.1 billion with rental days up 4% compared to second-quarter 2022. Photo: Bobit Avis Budget Group, Inc. saw strong demand and seasonal revenue per day increase as 2023 invites a travel resurgence, according to second quarter results the company released July 31. Avis ended the quarter with revenues of $3.1… Continue reading Robust Summer Travel Drives Avis Budget Group Q2 Financial Results
Hertz Reports Strong Q2 Financial Performance
The positive Q2 results will enable Hertz to advance the growth of its rideshare business and revitalize the Dollar brand. File photo: Hertz Hertz reported total revenues of $2.4 billion for the second quarter of 2023, up 12% year over year, while the average fleet was up 9%, according to quarterly financial results released July… Continue reading Hertz Reports Strong Q2 Financial Performance
Length of Rental Results Take First Dip YOY Since Pandemic
Alaska recorded the highest overall LOR in Q2 at 22.7 days, followed by Georgia (20.5), Colorado (20.2) and Louisiana (20.1). Hawaii had the lowest LOR with 13.1 days. North Dakota and Iowa were next-lowest at 13.3 days each, with DC (13.5) and Nebraska (13.9) completing the states under 14 days. Graphic: Enterprise Rent-A-Car The Q2… Continue reading Length of Rental Results Take First Dip YOY Since Pandemic
Finalrentals Continues Global Expansion with Launch in Jordan
Karim Al-Aghbar is the Finalrentals franchise owner in Jordan. Photo: Finalrentals Finalrentals on July 31 announced its launch in Jordan where it aims to provide customers with a seamless and convenient car rental experience across the country. Finalrentals offers a variety of vehicles, from economy to luxury, that can be booked online. Customers can also… Continue reading Finalrentals Continues Global Expansion with Launch in Jordan