The new partnership in Auckland includes 500 vehicles across three airport locations and one in the city. Photo courtesy of Carwiz Carwiz has garnered more interest, as the European-based operator announced its first affiliate partnership “down under” in New Zealand on Feb. 3. The deal with Scotties Car Rental, based in Auckland, marks the fifth new affiliate… Continue reading Carwiz Announces Affiliate Alliance in New Zealand
Author: Auto Rental International Online News
Hertz Names Stephen Scherr CEO
Scherr led Goldman Sach’s new consumer business, helping the bank launch AppleCard. Photo courtesy of Hertz Hertz announced in a statement that it has named Stephen M. Scherr its new chief executive officer to lead the rental car company and its global workforce of about 25,000. Scherr will assume his role as CEO and board member of Hertz on Feb.… Continue reading Hertz Names Stephen Scherr CEO
EV Sales Ready to Rise in 2022 and E-Pickups Will Help
With full-size pickup trucks, an entirely new audience of vehicle buyers will be introduced to the inherent advantages of electric vehicles, including better performance. Photo: Ford I participated in a panel discussion titled Electric Vehicle Strategies: Driving Mass Market Uptake earlier this week at the BloombergNEF Summit in San Francisco. Bloomberg set the stage of… Continue reading EV Sales Ready to Rise in 2022 and E-Pickups Will Help
Maker of Solar Panel EV Chargers Sees Strong Growth
Beam Global CEO Desmond Wheatley presents the off-grid solar EV ARC charging station on Nov. 11, 2021 at the Fleet Forward Conference in San Jose, California. Photo: Martin Romjue / Bobit Beam Global, a provider of solar power charging systems for electric vehicles, announced Feb. 21 that its 2021 EV ARC system shipments increased 62%… Continue reading Maker of Solar Panel EV Chargers Sees Strong Growth
New Electrified Vehicle Sales Hit Record in Q4 2021
On the EV side, Tesla is still the dominant player, with 72% share of the EV market. That is down from near 80% in 2020, but Tesla still delivered significant 71% year-over-year growth in a tough year. Tesla didn’t only dominate the EV market, Tesla dominated the overall luxury market, outselling Audi, BMW, Lexus, and… Continue reading New Electrified Vehicle Sales Hit Record in Q4 2021
Green Motion Signs New Franchise in Portugal
Richard Lowden, founder & CEO of Green Motion International, with Paulo Pereira, mobility manager, MCoutinho Group, poses together in celebration of the new partnership. Photo: Green Motion Car rental company Green Motion confirmed the sale of its Master Country Franchise for Portugal to the MCoutinho Group, which is one of Portugal’s largest automotive retailers representing 20 brands… Continue reading Green Motion Signs New Franchise in Portugal
Carwiz Announces First Affiliate in Canada
Carwiz now has three locations in Canada across Vancouver and Toronto. Photo: Carwiz Carwiz announced on Jan. 24 that it had signed its first affiliate partnership in Canada. A deal with Canadian partner Northwestern Auto Group will result in three new Carwiz offices — one in the city of Vancouver, one at Vancouver International Airport, and one… Continue reading Carwiz Announces First Affiliate in Canada
New Vehicle Afforability Hits Record Low
The estimated typical monthly car payment increased to a new record high at $688, which was up 19.7% year-over-year. Source: Cox Automotive New-vehicle affordability declined again in December, following similar dynamics each month this fall and winter including another new record on average price paid and another low for incentives, Cox Automotive reported Jan. 14.… Continue reading New Vehicle Afforability Hits Record Low
Turo Files IPO
After a reported 207% jump in revenue, Turo plans to list on the NYSE under the symbol “TURO.” Photo courtesy of Turo Peer-to-peer car rental company Turo announced on Jan. 10 that it is a step closer to going public. The business has publicly filed a registration statement on Form S-1 with the Securities and Exchange… Continue reading Turo Files IPO
ALD Plans to Acquire LeasePlan To Create New Global Mobility Company
The ALD-LeasePlan deal will put 3.6 million vehicles under the same management. File photo: ALD Automotive ALD Automotive and LeasePlan, two of the world’s largest fleet leasing companies, announced Jan. 6 they will combine forces to create a leading global mobility player that would further the digital transformation of the industry. ALD has signed a… Continue reading ALD Plans to Acquire LeasePlan To Create New Global Mobility Company