One key area that strong personal relationships go the distance is with legislators and government officials. Car rental professionals shouldn’t forget the power of trust with elected leaders to help advance key issues for their businesses. Photo: Canva Fresh off of the American Car Rental Association’s (ACRA) D.C. Car Rental Conference and Boot Camp, which… Continue reading The Only Currency That Matters is Trust
Category: News Type
2022 J.D. Power Study: Rising Rental Costs Affect Customer Satisfaction
In this year’s study, Enterprise comes out on top, followed by National and Alamo. Overall, the industry is down from 2021 and 2020. Source: J.D. Power J.D. Power released its 2022 North America Rental Car Satisfaction Study today, marking industry trends and customer satisfaction within the car rental industry. This year’s study noted that rental fees are up 14%… Continue reading 2022 J.D. Power Study: Rising Rental Costs Affect Customer Satisfaction
The Polestar 3 is an electric SUV that trades fancy distractions for raw technological prowess
The Swedish-Chinese automaker’s third EV will have 300 miles of range, a starting price of $83,900, and a host of high-powered tech from suppliers like Google, Qualcomm, Luminar, Nvidia, and more Share this story After months of teases, Polestar finally pulled the curtain back on its third-ever vehicle, the Polestar 3, a 300-mile range SUV… Continue reading The Polestar 3 is an electric SUV that trades fancy distractions for raw technological prowess
Saudi wealth fund braves market tumult in $3b green bonds debutThe region’s other issuers remain wary of market volatility
Saudi Arabia’s Public Investment Fund faced little scrutiny over its green credentials when it sold $3 billion in green bonds last week in its maiden debt issue, according to people familiar with the transaction. While the region’s other issuers remain wary of market volatility, the sale – the first green bond issue by any sovereign wealth fund – went smoothly with little pushback from investors over the environmental, social and governance… Continue reading Saudi wealth fund braves market tumult in $3b green bonds debutThe region’s other issuers remain wary of market volatility
Japan Industrial Partners-led group may be looking to buy Toshiba for $19b
The consortium of mostly domestic firms led by Japan Industrial Partners (JIP) is looking to buy Toshiba Corp for 2.8 trillion yen ($19.13 billion), Kyodo reported on Wednesday citing unnamed sources. The group, which includes Chubu Electric Power Co, received the right of first refusal in its bid for the Japanese conglomerate, the Nikkei business daily reported on Tuesday. The reported acquisition price marks a premium of about 26% from Toshiba‘s current… Continue reading Japan Industrial Partners-led group may be looking to buy Toshiba for $19b
Google joins Indian govt test prep startup Adda247’s $35m funding round
Adda247, an edtech startup that offers coaching for Indian government job examinations, has raised $35 million in a new funding round that was joined by Google as a new investor. Of the total funding amount, Google contributed about $5 million, founder and CEO Anil Nagar told DealStreetAsia. “Bringing Google on board is like a dream… Continue reading Google joins Indian govt test prep startup Adda247’s $35m funding round
BYJU’s fires 2,500 employees across departments, analyst suggests more to follow
There seems to be no end in sight to the pains at BYJU’s. India’s most valued edtech and also its biggest loss-making unicorn, on Wednesday, said it is letting go of 2,500 employees from its umbrella of companies, weeks after reporting mounting losses for FY21. The company said it has eliminated 5% of its workforce… Continue reading BYJU’s fires 2,500 employees across departments, analyst suggests more to follow
@Ford: Ford to Discuss Operating Results for Third-Quarter 2022, Full-Year Outlook, at Chat With Bank of America Securities
DEARBORN, Mich.–(BUSINESS WIRE)–Senior leaders from Ford will review the company’s third-quarter 2022 financial performance and full-year expectations – in the context of the Ford+ plan for growth and value creation – during a fireside chat hosted by Bank of America automotive equity analyst John Murphy on Thursday, Oct. 27, at 1:00 p.m. ET. From Ford,… Continue reading @Ford: Ford to Discuss Operating Results for Third-Quarter 2022, Full-Year Outlook, at Chat With Bank of America Securities
Next-generation BMW X2 set for complete design reinvention
Prototypes of the second-generation BMW X2 have been spied for the first time ahead of a UK launch for the coupé-SUV during the first half of 2024. As with today’s car, the new X2 will be based on the highly popular X1 – itself recently launched in third-generation form – but seemingly with a radical… Continue reading Next-generation BMW X2 set for complete design reinvention
CP Holiday Train returns to the rails in support of community food banks after two-year hiatus
CALGARY, AB, Oct. 12, 2022 /PRNewswire/ – The Canadian Pacific (CP) Holiday Train will return to the rails this season on its first cross-continent tour in three years, following virtual concerts in the pandemic years of 2020 and 2021. The train will again raise money, food and awareness for local food banks in communities along the… Continue reading CP Holiday Train returns to the rails in support of community food banks after two-year hiatus