Having sold Saab in 2009 and then quit Europe altogether in 2017 when GM Europe sold its Opel and Vauxhall brands to the PSA Group (now Stellantis), GM Europe is nosing its way back to Europe. But this time the offer isn’t metal so much as mobility. The brief is for a non-traditional start-up and… Continue reading GM Returns To Europe With Mobility Unit
Author: Auto Rental International Online News
Hyundai Debuts All-Electric SUV Concept at LA Auto Show
Hyundai Motor Company presents its all-electric SUV concept SEVEN at AutoMobility LA. Photo: Louis Prejean Hyundai Motor Company debuted its all-electric SUV concept, SEVEN, at AutoMobility LA in the Los Angeles Convention Center on Nov. 17. The SUV concept was showcased on stage in front of a video presentation featuring José Muñoz, president and CEO… Continue reading Hyundai Debuts All-Electric SUV Concept at LA Auto Show
Voyager Global Mobility Acquires Fast Track Mobility
Both VGM and Fast Track provide vehicles to Uber and Lyft drivers. Voyager Global Mobility announced its acquisition of Fast Track Mobility on Nov. 8, increasing the company’s for-hire-vehicle operational footprint in New York City. The transaction was arranged by EA Markets with preferred equity from Prudential Private Capital, the private capital arm of PGIM Inc.,… Continue reading Voyager Global Mobility Acquires Fast Track Mobility
ADESA Simplifies Online Self-Checkout for Customers
The new page streamlines online self-checkout and expands post-sale capabilities enabling customers to view and manage all their ADESA Simulcast and Simulcast+ purchases in one centralized place. Photo: Martin Romjue / Bobit ADESA, a business unit of global wholesale used vehicle digital marketplace operator KAR Global (NYSE: KAR), announced Nov. 9 the launch of its… Continue reading ADESA Simplifies Online Self-Checkout for Customers
The State of the Wholesale Used-Vehicle Market
The highs in the used-vehicle market over the past year have been undeniably record breaking. However, while wholesale values remain strong, industry analysts point to a slight softening in the market. The driving force behind the soaring values can be explained by the most “extreme imbalance” of supply and demand “we’ll ever see,” according to… Continue reading The State of the Wholesale Used-Vehicle Market
New EV Rental Car Company, Joulez, Launches
A beta group is testing Joulez’s Tesla rentals as the company works to finish its mobile app for booking. Logo courtesy of Joulez With an eye on facilitating the transition to electric vehicles a new EV rental car company, Joulez, has launched. Joulez is a New York-based web and mobile rental car platform. A Nov. 2 announcement states that the company… Continue reading New EV Rental Car Company, Joulez, Launches
Parsing Hertz’s Big EV Bet
Given the ease to consumers of using an Uber, car rental companies were forced to up their game. Hertz’s deal with Tesla helps its need to restock fleet post pandemic, and garnered much positive press. Photo by Charlie Deets on Unsplash The rental car and electric vehicle worlds have been abuzz with the announcement of a “deal” between Hertz… Continue reading Parsing Hertz’s Big EV Bet
CarTrawler Adds Fabrizio Ruggiero to Board
Fabrizio Ruggiero joins execs from British Airways and JetBlue to CarTrawlers board of directors. Photo via CarTrawlers CarTrawler, provider of car rental and mobility solutions to the global travel industry, announces Fabrizio Ruggiero will join its board of directors. Ruggiero brings 15 years of auto industry experience, including serving as CEO of Edenred Italia and former deputy… Continue reading CarTrawler Adds Fabrizio Ruggiero to Board
Lightning eMotors Partners with Siemens to Offer Level 2 Charging Stations
Siemens VersiCharge AC series chargers include 4G, WiFi and OCCP functionality and have been tested to work reliably with Lightning eMotors’ vehicles. Photo: Siemens Lightning eMotors (NYSE: ZEV), a provider of all-electric powertrains and medium-duty and specialty commercial electric fleet vehicles, announced Nov. 2 it is offering offers Siemens AG’s German-engineered Level 2 electric-vehicle chargers… Continue reading Lightning eMotors Partners with Siemens to Offer Level 2 Charging Stations
Ford and Newlab Announce Startups to Pilot New Electric Vehicle Tech
Ford Motor Company and Newlab, a community of experts and innovators applying transformative technology to solve the world’s biggest challenges, recently announced the five startups that will participate in the inaugural cohort of the Mobility Studio—a new program focused on supporting the advancement of technologies, product collaborations, and business models that drive a cleaner transportation future. The… Continue reading Ford and Newlab Announce Startups to Pilot New Electric Vehicle Tech