The program extensions give loyalty members more flexibility to use their benefits when and how they want to use them. Photo: pixabay.com Enterprise Rent-A-Car and National Car Rental announced in a statement the company is expanding several loyalty benefits set to expire soon. First, National Car Rental’s Emerald Club program free rental days previously set to expire on Dec. 31, 2022,… Continue reading Enterprise and National Expand Loyalty Benefits
Author: Auto Rental International Online News
Legislation Introduced to Combat Catalytic Converter Thefts
The PART Act has broad support from industry associations such as NADA, NAFA, ATA, TRALA, and ACRA, the American Car Rental Association. Photo: Canva U.S. Senators Amy Klobuchar (D-Minn.) and Ron Wyden (D-Ore.) have introduced legislation to combat the rise in catalytic converter thefts, according to a news release. The Preventing Auto Recycling Thefts (PART) Act… Continue reading Legislation Introduced to Combat Catalytic Converter Thefts
Wholesale Used Vehicle Prices Inch Up This Month
Maintaining the trend from October, all eight major market segments saw seasonally adjusted prices that were lower year over year in the first half of November. Graphic: Cox Automotive Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.4% from October in the first 15 days of November, according to the mid-month… Continue reading Wholesale Used Vehicle Prices Inch Up This Month
Average Used-Vehicle Asking Price Lowest Since April
The average listing price was $27,564 at the end of October, down from the revised $28,266 at the end of September. That price is only 2% ahead of a year ago. Graphic: Cox Automotive Used-vehicle asking prices fell throughout October to their lowest average since April as inventory matches pre-pandemic 2019 levels, according to the… Continue reading Average Used-Vehicle Asking Price Lowest Since April
Most Brands See New Vehicle Supply Rebound
Asian non-luxury brands and Japanese and European luxury brands continue to have the lowest inventories as measured by days’ supply. Graphic: Cox Automotive New-vehicle inventory closed October at its highest level since May 2021, and prices stayed high, according to Cox Automotive’s analysis of vAuto Available Inventory data released Nov. 16. Over the past three… Continue reading Most Brands See New Vehicle Supply Rebound
Silvercar by Audi Becomes Audi on demand
The dealer rental services are available at 38 Audi dealerships, with more to come through the end of 2022. Photo: Audi of America Audi of America has announced the rebrand of its Silvercar by Audi rental business to Audi on demand. With a new name and long-term rental options, the mobility offering allows Audi vehicles to be… Continue reading Silvercar by Audi Becomes Audi on demand
Hertz, Ravin AI Partner on AI Vehicle Inspection Pilot
Ravin’s AI vehicle inspection technology produces a condition report that can be generated in seconds. Photo: Pexels.com Ravin AI, a provider of automated artificial intelligence (AI) solutions for vehicle inspections across the fleet, rental, used car, and insurance industries, announced in a statement that its AI technology is being piloted by Hertz in Sweden and Norway in an effort… Continue reading Hertz, Ravin AI Partner on AI Vehicle Inspection Pilot
EvoCharge Releases 40-Amp Level 2 EV Charging Stations
The 40-amp chargers accommodate vehicles with bigger batteries, which is important as auto manufacturers introduce EVs with longer ranges enabled by larger batteries. Photo: EvoCharge EvoCharge, a provider of electric vehicle supply equipment and cable management, said Nov. 14 it has launched its line of 40A charging stations for residential home and commercial charing. Among… Continue reading EvoCharge Releases 40-Amp Level 2 EV Charging Stations
High Voltage Power Grid Vital for Future EV Charging Demand
The Electric Highways Study provides a blueprint for the strategic buildout of fast-charging sites along highway corridors to meet an upcoming surge in demand from the electrification of passenger vehicles and commercial trucks. Photo: National Grid Electric vehicle (EV) charging needs along Massachusetts and New York highways will require interconnection to high-capacity transmission lines in… Continue reading High Voltage Power Grid Vital for Future EV Charging Demand
Sixt Reports Highest Quarter Revenue Earnings
For the financial year 2022, SIXT continues to expect a consolidated revenue between €2.8 billion and €3.1 billion. Photo: Sixt Sixt experienced the strongest quarter in its history in the third quarter, according to the company. From July to September 2022, consolidated revenue increased by 24.8% to €997.1 million compared to the same quarter last… Continue reading Sixt Reports Highest Quarter Revenue Earnings