After witnessing the success of the Carwiz brand in the Czech Republic, Erik Rajohnson, director of RX auto s.r.o., decided to expand into the Slovakian market with a franchise operation. Photo: Carwiz Carwiz International announced in a statement expansion in Kosovo and Slovakia. According to the company, the franchise has expanded to about 30 countries. After… Continue reading Carwiz Expands in Kosovo and Slovakia
Author: Auto Rental International Online News
Wholesale Used Vehicle Prices Decline This Month
Vans had the largest increase in seasonally adjusted prices at 14.5%, while both non-luxury car segments again outpaced the overall industry in seasonally adjusted year-over-year gains. Source: Manheim Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) declined 3.6% from July in the first 15 days of August, according to the Manheim Used… Continue reading Wholesale Used Vehicle Prices Decline This Month
Anchorage: Most Expensive Rental Car Rates
Cheap Car Rental found out that Anchorage had the most expensive rental rates at $949 per week for the cheapest car. However, in general, car rental customers now spend around 15% less compared to August 2021. Photo: Canva The Alaskan city of Anchorage is the most expensive U.S. destination for renting a vehicle this summer,… Continue reading Anchorage: Most Expensive Rental Car Rates
Lyft Now Offers Autonomous Vehicle Rides in Las Vegas
Lyft has partnered with Motional, a driverless technology provider, to help bring commercialization of Level 4 autonomous vehicles. Photo: Lyft Lyft Inc. and Motional, a provider of driverless technology, announced the launch of Motional’s all-electric IONIQ 5 robotaxi – an autonomous vehicle (AV) designed for driverless ride-hail operation – on the Lyft network in Las Vegas. This… Continue reading Lyft Now Offers Autonomous Vehicle Rides in Las Vegas
Business Travel Spending Anticipated to Hit Full Recovery in 2026
Global business travel spending is expected to gain 33.8% in 2022, according to the 2022 GBTA Business Travel Index Outlook. Photo: Canva The global business travel industry continues its progress toward full recovery to 2019 pre-pandemic spending levels of $1.4 trillion, but recovery has hit some headwinds. As many Covid-related recovery conditions have improved, many… Continue reading Business Travel Spending Anticipated to Hit Full Recovery in 2026
Canoo Vehicles Added to Fleet Forward Tour Dallas
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
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