Bahruz Safarov and his team take on the Green Motion franchise. Photo: Green Motion Green Motion International announced the sale of its latest Master Country Franchise in Asia on Dec. 19. It is in Azerbaijan, a country that is recognized as one of the most in-demand tourist and business traveler destinations, enjoying a 78% increase… Continue reading Green Motion Announces Azerbaijan Location
Author: Auto Rental International Online News
Finalrentals Launches in Fort Lauderdale
Franchise owner Alberto Lucente also operates the Miami location for Finalrentals. Photo: Finalrentals Fort Lauderdale is the new home to Finalrentals’ newest car rental affiliate location in the U.S., the operator announced today. The partnership has been secured by Alberto Lucente, a seasoned car rental professional and entrepreneur with multiple locations in Florida. Lucente already has Finalrentals in… Continue reading Finalrentals Launches in Fort Lauderdale
2022 in Review: Most Popular Posts on Auto Rental News
This year, highlights on ARN’s website included news and articles on mergers and acquisitions, contactless and tech trends, rate management, and highlights from ICRS. Photo: Canva Last year, there were many big stories topping the headlines on autorentalnews.com. Highlights included updates on rental company acquisitions, stories on trends and tech, and analysis on the industry’s… Continue reading 2022 in Review: Most Popular Posts on Auto Rental News
PurCo, Bynx Release Digital Inspection Solution
PurCo commits to a million inspections in the first year, providing the new digitized solution that will save both money and man-hours from loss prevention inspections. Photo: Pexels.com Loss prevention company PurCo Fleet Services announced a strategic alliance with fleet technology developer Bynx in the launch of PurInspect, a digitized inspection app that reduces car rental damage disputes and ensures transparency throughout… Continue reading PurCo, Bynx Release Digital Inspection Solution
Conrac Solutions Names Chief Financial and Administrative Officer
Gill brings more than two decades experience in the aviation industry. Photo: Conrac Solutions Consolidated rent-a-car facility developer, operator, and financier Conrac Solutions announced in a statement that James R. Gill has been appointed as chief financial and administrative officer, effective Jan. 9, 2023. “I am pleased to join Conrac Solutions,” said Gill in the statement. “I believe CS… Continue reading Conrac Solutions Names Chief Financial and Administrative Officer
New Vehicle Tangle: Supply, Prices, Payments All Up as Affordability Dips
As measured by days of supply, non-luxury brands with the lowest inventories – all below the national average – were Toyota, Kia, Honda, Subaru, Volkswagen and Hyundai. Graphic: Cox Automotive New-vehicle inventory volume climbed through November as production increased and sales slowed, according to Cox Automotive’s analysis of vAuto Available Inventory data released Dec. 14.… Continue reading New Vehicle Tangle: Supply, Prices, Payments All Up as Affordability Dips
Green Motion Opens Airport Location in Lisbon
Green Motion operates in about 60 countries across 600 locations, including the newly opened location at Lisbon Airport. Photo: Green Motion Green Motion continues its global expansion marking the opening of its new facility in Lisbon, Portugal. The grand opening event was attended by the owners of the Green Motion Master Country Franchise for Portugal Grupo Mcoutinho, an… Continue reading Green Motion Opens Airport Location in Lisbon
2022 U.S. Car Rental Revenue of $36.1B Shatters Records
Numbers are in, and rental operator numbers are way up in both revenue and fleet size. Photo: Canva Despite continuing challenges around vehicle supply, staffing shortages, demand shifts, and the cloud of a recession, the U.S. car rental industry earned an estimated $36.1 billion in revenue for 2022, based on data collected by Bobit. That… Continue reading 2022 U.S. Car Rental Revenue of $36.1B Shatters Records
From the Other Side of the Counter: A Newbie’s Take on the Car Rental Industry
While the rental industry is resilient and vibrant, there is much to be said about the power of banding together as an industry via an association and through meaningful connections. Photo: Canva When I started covering the car rental industry and entered mid-pandemic, I wasn’t sure what to expect as I first settled in. I… Continue reading From the Other Side of the Counter: A Newbie’s Take on the Car Rental Industry
Carvana’s Stock and Bonds Languish Amid Bankruptcy Quivers
Carvana founder and CEO Ernie Garcia detailed the used car retailer’s plans for ADESA auctions during the International Automotive Remarketers Alliance conference in Nashville, Tennessee, on Aug. 17, 2022. Photo: IARA Carvana stock nosedived in early morning trading on Dec. 7 as the possibility of bankruptcy loomed over the online used-car retailer, Auto Dealer Today… Continue reading Carvana’s Stock and Bonds Languish Amid Bankruptcy Quivers