Wholesale Used Vehicle Prices Dip Further This Month

Compact cars had the lowest decline at -5.4%, while vans and pickups lost less than the overall industry in seasonally adjusted year-over-year changes. Graphic: Cox Automotive / Manheim Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) declined 2% from September in the first 15 days of October, according to the Manheim Used… Continue reading Wholesale Used Vehicle Prices Dip Further This Month

Zoomcar to Go Public

The new combined company will trade under the symbol “IOAC” on the Nasdaq. Photo: Zoomcar India-based carsharing service Zoomcar announced a $10 million financial investment on Oct. 19 as it merges with Innovative International Acquisition Corp. The merger agreement will result in Zoomcar becoming a publicly listed company. The transaction values the combined company at an implied… Continue reading Zoomcar to Go Public

America Car Rental to Offer SIM Cards on Rentals

The mobile data service begins on Nov. 15. The move makes America Car Rental the first rental company in Latin America to offer SIM cards for every rental. Photo: America Car Rental America Car Rental announced a new partnership with Awiwi Internet to provide its customers with new and better car rental experiences. In this… Continue reading America Car Rental to Offer SIM Cards on Rentals

Empire Mobility Hires Eric Rothman, Rebrands

Eric Rothman also serves on the ACRA board and previously founded Fast Track Mobility. Photo: Rothman Eric Rothman has joined Empire Mobility as CEO. Rothman, an attorney and former banker, was previously founder, president & CEO of Fast Track Mobility, a large for-hire-vehicle rental fleet licensed by the Taxi and Limousine Commission in New York… Continue reading Empire Mobility Hires Eric Rothman, Rebrands

Hertz Contracts with New Operating System Partner

Palantir’s platform provides vehicle insights based on rental status, service orders, location, and registration data, automating decisions on the best use of assets and out-of-service vehicles. Logos: Hertz, Palantir/Canva Hertz and Palantir Technologies Inc., which bills itself as “a builder of operating systems for the modern enterprise,” announced on Oct. 19 a multi-year partnership. According to a press release,… Continue reading Hertz Contracts with New Operating System Partner

NuVinAir Partners with Go Rentals at 66 Locations

While NuVinAir’s product portfolio and franchise footprint grows, Go Rentals added 18 new locations to its own portfolio in 2022 alone. Photo: NuVinAir/Canva NuVinAir, which offers proprietary vehicle interior cleaning products, announced a new partnership with Go Rentals today. The collaboration will bring NuVinAir’s proprietary and eco-friendly cleaning solutions to 66 of Go Rentals’ locations. Since launching… Continue reading NuVinAir Partners with Go Rentals at 66 Locations

Getaround Offers Carsharing Service on Kayak Platforms

Getaround’s carsharing service is now available on Kayak’s platforms in many U.S. cities, including Atlanta, Boston, Chicago, Denver, Honolulu, Los Angeles, San Francisco, New York City, and Washington D.C. Photo: Getaround Carsharer Getaround and travel search engine Kayak have entered a partnership that integrates Getaround’s contactless offerings with Kayak’s platforms and services, according to a press release.… Continue reading Getaround Offers Carsharing Service on Kayak Platforms

Expanding Your Rental Fleet to Cross into Mexico

To determine if your rental business should consider a cross-border policy, proximity and location should be part of your analysis. Is there a nearby crossing station, and is it safe? Photo: Canva The U.S.-Mexico border might only be a short drive from your location, but building a fleet of cross-border capable rentals is no simple… Continue reading Expanding Your Rental Fleet to Cross into Mexico

Finalrentals Launches in Trinidad and Tobago

The Trinidad and Tobago location is already in operation, serving the Caribbean country. Photo: Finalrentals Finalrentals expands its network to its 11th country globally and sixth in the Caribbean in less than six months. Trinidad and Tobago are one of the most scenic island destinations in the Caribbean and is now home to Finalrentals as it… Continue reading Finalrentals Launches in Trinidad and Tobago