The Cox Automotive 3Q report card on their 10 primary predictions for 2022. Graphic: Cox Automotive As we did at the end of the second quarter, our team took a look back at the market predictions we posted in January. This quarterly review is helpful, as it allows us to see how the market has… Continue reading Hits & Misses on 10 Remarketing Predictions for 2022
Author: Auto Rental International Online News
Remarketing Compliance Program Already Scoring Among First Graduates
IARA Vice President Doug Turner and President Jeff Bescher promoted the ACT program during the IARA’s annual Summer Roundtable in Nashville, Tennessee, Aug. 16-18, 2022. Photo: IARA The IARA’s Audit & Compliance Training (ACT) launched at the Summer Roundtable already has helped remarketing operations plug in to the tools that enable them to avoid costly… Continue reading Remarketing Compliance Program Already Scoring Among First Graduates
Hertz, BP Partner on EV Charging in North America
The companies plan to build on bp pulse’s existing ‘Omega’ fleet charging and energy management software for Hertz’s EV fleet. Photo: BP Hertz and BP announced the signing of a memorandum of understanding (MOU) for the development of a national network of EV charging stations powered by BP Pulse, BP’s global electrification and charging solution brand. The… Continue reading Hertz, BP Partner on EV Charging in North America
More Hertz Customers File Lawsuit After Being Falsely Arrested
Five Hertz customers filed a lawsuit accusing Hertz of faulty inventory tracking, causing them to face wrongful arrest for car theft. Photo: Canva Five Hertz customers have filed a lawsuit accusing the company of faulty inventory tracking, which caused the drivers to face wrongful arrest for car theft, according to a report by The Wall Street Journal. Filed… Continue reading More Hertz Customers File Lawsuit After Being Falsely Arrested
Cox Automotive Mobility Plans to Cut Fleet Carbon Emissions in Half by 2030
More than 500 Cox Automotive Mobility service trucks are currently equipped with mobile EV charging capability, with an additional 350 trucks to be outfitted next year. Photo: Cox Automotive Mobility As part of Cox Enterprises’ goal to reduce its carbon, water and waste effects on the environment by 2034, Cox Automotive Mobility is making advances… Continue reading Cox Automotive Mobility Plans to Cut Fleet Carbon Emissions in Half by 2030
Zoomcar’s Peer-to-Peer Platform Hits Milestone
Zoomcar reports over 3 million active app users and over 25 million downloads so far. Photo: Zoomcar Zoomcar, an India-based carsharing service, announced on Sept. 27 that it has achieved more than 25,000 registered vehicles on its marketplace platform globally. The milestone comes within just 12 months of launching its marketplace. The company believes the growth reflects strong… Continue reading Zoomcar’s Peer-to-Peer Platform Hits Milestone
Car Rental Employee Allegedly Stole Close to $300K in Vehicles
The total value of the stolen vehicles is $293,660. (Not actual employee/vehicle pictured.) Photo: Canva An employee at an Enterprise Rent-A-Car location was arrested after allegedly stealing cars from the lot, according to a report by FOX 13 Memphis. The incidents occurred at the Enterprise Rent-A-Car storage lots at Memphis International Airport. Between Aug. 8… Continue reading Car Rental Employee Allegedly Stole Close to $300K in Vehicles
2023 ICRS Calls for Papers Is Open
2023 ICRS sessions will discuss fleet acquisition, remarketing, solving supply chain challenges, lending, operations best practices, sales and marketing, and customer satisfaction. Photo: Bobit/Canva If you consider yourself an expert on a particular topic that addresses the spirit of the International Car Rental Show (ICRS) and would like to share your insight with the industry, we invite… Continue reading 2023 ICRS Calls for Papers Is Open
GO Rentals Partners with Enterprise Holdings in NZ
GO Rentals Director John Osborne (left) and Assistant Vice President of Global Franchising – Asia Pacific Marco Beltgens (right). Photo: GO Rentals On August 1, New Zealand-based GO Rentals announced a new partnership with Enterprise Holdings, securing the right to operate the Enterprise Rent-A-Car, National Car Rental, and Alamo Rent a Car brands in New Zealand. Through its network of affiliated companies,… Continue reading GO Rentals Partners with Enterprise Holdings in NZ
Useful Facts and Insights Derived from Remarketing Data
Kevin Chartier, vice president of Manheim Consulting, showed how data can deliver applicable points that inform business decisions during his Aug. 18 presentation, “Strategic Insights That Drive Decision Making.” Photo: IARA Numbers mean nothing unless they add up and intersect in ways that help a business gain insight, maximize performance, or improve operations. Kevin Chartier,… Continue reading Useful Facts and Insights Derived from Remarketing Data