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”

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