Canoo’s Lifestyle Delivery Vehicle (LDV0 is expected to hit the road in 2023, though Canoo is kicking off advanced deliveries in the Dallas Fort Worth metroplex in the coming weeks. Photo: Canoo Fleet Forward: The Tour announces the addition of Canoo electric vehicles to the Dallas event, convening Sept. 15 at the NYLO Hotel in Irving. Attendees… Continue reading Canoo Vehicles Added to Fleet Forward Tour Dallas
Author: Auto Rental International Online News
Go Rentals Opens Location at Camarillo Airport
Go Rentals is now serving customers at California’s Camarillo Airport Logo: Go Rentals Go Rentals, a car rental company specializing in the private aviation industry, has opened a new location at California’s Camarillo Airport (CMA). By partnering with Air7 to expand its market share into CMA, Go Rentals is better able to service its existing… Continue reading Go Rentals Opens Location at Camarillo Airport
Travel Demand Holds Steady in Q2
There was more than a 50% year-over-year increase in global traveler demand for long-haul flights, according to Expedia Group’s Q2 2022 Traveler Insights Report. Photo: Canva Expedia Group Media Solutions has released its Q2 2022 Traveler Insights Report. The quarterly report combines Expedia Group first-party data and custom research with insights and industry examples to… Continue reading Travel Demand Holds Steady in Q2
UFODrive Wins Gold Stevie Award in 2022 International Business Awards
UFODrive has 22 locations across nine countries, most recently opening its first U.S. location in San Francisco. Logos: UFODrive and International Business Awards UFODrive, a Luxembourg-based self-service car rental startup, has been named the winner of a Gold Stevie Award in the Company of the Year – Transportation category in the 19th Annual International Business Awards, announced on August… Continue reading UFODrive Wins Gold Stevie Award in 2022 International Business Awards
Sixt Reports Record Revenues for First Half of 2022
In the first six months of 2022, Sixt’s consolidated earnings before taxes (EBT) reached a record level of €223.2 million. Photo: SIXT USA In the first half of 2022, Sixt increased its consolidated revenue by 59.4% to €1.32 billion, compared to the same period last year. This represents the strongest first half in the company’s history… Continue reading Sixt Reports Record Revenues for First Half of 2022
One Year In: Five Takeaways from One Rental Company’s First Year of Business
As the Liigu team celebrates one full year of operations, its CEO shares that importance of personal interaction, simple tech that works, communication, and creating a positive company culture. Photo: Liigu Last August in Nice, France, Liigu delivered a car to its first ever customer. Back then, the fleet had just 15 cars, which were used to… Continue reading One Year In: Five Takeaways from One Rental Company’s First Year of Business
Used-Vehicle Supply Looks More Normal as Prices Rise
The average used-vehicle listing price surpassed $28,000 in mid-April and rose to a record high of $28,375 in early May. The average listing price then edged downward throughout June but turned upward during July, closing at $28,219, an increase from the revised $28,004 at the end of June. Source: Cox Automotive Used-vehicle inventory held steady… Continue reading Used-Vehicle Supply Looks More Normal as Prices Rise
Certified Pre-Owned Sales Hold Steady in July
Used-vehicle retail sales declined 13% in July from June, and sales were down 16% year over year. Source: Cox Automotive Certified pre-owned (CPO) sales in July fell to 206,346 units, a level nearly equal to June’s volume of 206,443 and down 17% from July 2021, Cox Automotive reported Aug 12. Since May, CPO sales have… Continue reading Certified Pre-Owned Sales Hold Steady in July
Shift Technologies Merges with CarLotz to Boost Online Sales Options
Given current market dynamics, Shift is optimizing inventory mix and assortment to favor value vehicles, which Shift defines as older than eight years or having been driven 80,000 miles. Pictured are 2016 Lincoln-Continental fleet vehicles on a transporter. File photo: Bobit Shift Technologies, Inc., an ecommerce platform for buying and selling used cars, has agreed… Continue reading Shift Technologies Merges with CarLotz to Boost Online Sales Options
Volvo, Starbucks Ready to Install Electric Vehicle Chargers
The Volvo-Starbucks-Chargepoint EV charging network gives travelers the freedom to move safely and sustainably along a previously under-resourced route for charging access across the West and Pacific Northwest. Photo: Volvo Volvo Cars, working with Starbucks Corporation, has installed the first electric vehicles chargers at a Starbucks store as part of a plan to create a… Continue reading Volvo, Starbucks Ready to Install Electric Vehicle Chargers