Electric vehicles, telematics, and contactless rentals are three key areas to watch that present potential threats from within. Photo: Canva You can’t beat a global pandemic to appreciate the value of a rental car. Forgive me for the flippant statement, but I’m being provocative to make a point. Hertz just posted revenue per unit, per… Continue reading What Does the New Normal Look Like for Car Rental?
Author: Auto Rental International Online News
UFODrive Expands EV Rental Business
Now available in seven U.S. cities, UFODrive customers can rent electric vehicles from its mobile app. Photo: UFODrive UFODrive, an all-electric car rental service operated from an app, has continued to expand in more U.S. cities after launching in San Francisco. In addition to San Francisco, Austin, and New York, UFODrive is now operating in Boston, Las… Continue reading UFODrive Expands EV Rental Business
November Fleet Sales Up Nearly 55% YOY Amid Rebound
The automotive market is finally seeing some upward momentum in fleet sales, which is positive for the overall market. Graphic: Cox Automotive Combined sales into large rental, commercial, and government fleets were up nearly 55% year over year in November, the fifth consecutive month of double-digit, year-over-year increases, according to early estimates from Cox Automotive released… Continue reading November Fleet Sales Up Nearly 55% YOY Amid Rebound
The Strength of the ACRA Keystone
As ACRA watches industry issues across the nation, two areas of focus right now are the looming sunset of full expensing for personal property and the electrification of the rental fleets. Logo: ACRA/Photo: Canva The Oxford English Dictionary defines keystone as “a central stone at the summit of an arch, locking the whole together.” The Keystone of the Arch As I… Continue reading The Strength of the ACRA Keystone
Hertz Announces Settlement Agreements for Legal Claims
After hundreds of Hertz customers claimed wrongful arrest for theft, five sued Hertz last September. Photo: Canva Hertz Global Holdings, Inc. announced the settlement of 364 pending claims relating to vehicle theft reporting. The rental operator said this brings resolution to more than 95% of its pending theft reporting claims. Hertz will pay an aggregate amount… Continue reading Hertz Announces Settlement Agreements for Legal Claims
Green Motion CEO Ranks 4th in World CEO of the Year Award
Lowden took 4th place, competing against a few hundred CEOs from around the world to be recognized for the award. Photo: Green Motion Nominated by his franchise network for the World CEO of the Year 2022 Award, Green Motion and U-Save CEO Richard Lowden received a fourth place victory this year. Lowden was one of over 600 CEOs… Continue reading Green Motion CEO Ranks 4th in World CEO of the Year Award
Surprice Opens New Location in Firenze, Italy
Surprice Car Rentals already operates in over a dozen locations across Italy. Photo: Surprice Car Rentals Surprice Car Rentals continues its expansion in Italy with the opening of a new location. The company announced on Dec. 2 that Firenze Santa Maria Novella train station was added to its existing operations in Italy. Surprice said its aim is… Continue reading Surprice Opens New Location in Firenze, Italy
Sixt Opens New Location at Colorado Airport
In addition to its newest branch in Vail, Sixt has opened several U.S. branches at airports this past year, including in Kauai, Nashville, Baltimore, and Charlotte. Photo: Sixt In November, Sixt USA opened its newest location at Eagle County Regional Airport in Vail, Colo. In the past year, Sixt has launched several branches across the… Continue reading Sixt Opens New Location at Colorado Airport
Biden’s Secret Service Rental Cars Destroyed by Fire
Officials are looking at a Ford Expedition SUV as the source of the fire at Nantucket Airport. Photo: Canva Investigators believe that a fire at Nantucket Airport, which destroyed five vehicles rented to President Joe Biden’s secret service team, may have started in an SUV that was subject to a safety recall, according to a… Continue reading Biden’s Secret Service Rental Cars Destroyed by Fire
Kyte Launches Subscription Service
Kyte previously launched a Tesla subscription, which was only available in New York and San Francisco. Its new model expands access and includes registration, maintenance, and roadside assistance. Photo: Kyte Kyte, which offers cars-on-demand for daily, weekly or monthly use, announced the launch of a new subscription service for extended vehicle access. Building on the success… Continue reading Kyte Launches Subscription Service