Following Hertz, the company is the second global car rental conglomerate to sustain sizable losses due to lower customer demand and usage of electric rental cars.
Structural pressures and opportunities converge to prompt rental car operations to find new balances between revenue and resales.
Ammar Akhtar experiences a full-circle moment planting first-of-its-kind global digital rental car services in his native country.
Just one month after acquiring the U-Save Master Franchise for Turkey, Volkan Büyükçolpan and Cagatay Kunac have completed the sale and start of their first sub-franchise with the opening of a new ...
The arrangement helps reduce the stress of collision repair for vehicle owners by connecting them to reliable, timely rental cars.
In this Season 2 / Episode 3 of ARN Industry Newsmakers, Auto Rental News managing editor Martin Romjue confronts a big question about the future of the car rental industry: Could the traditional car ...
For U.S. travelers renting cars abroad, airport pickup often means long lines, paperwork, and unexpected payment hurdles. Woop Drive aims to change that with the launch of a fully app-based, desk-free ...
Overall Length of Rental (LOR) for collision-related rentals in Q4 2025 was 15.9 days, a 0.6-day decrease from Q4 2024, according to Enterprise Mobility data released Feb. 5. While LOR continues to ...
A larger fleet of driverless taxis will soon be available for hire in Beijing as officials there decided July 7 to launch the taxis for commercial service in an expanded area, according to a report ...
Problem-solving is a common theme and motive emerging from the many tools, gadgets, and systems connected to car rental businesses. This decade has brought a cascade of new tech that can lead to safer ...
For most of 2024, wholesale values continued to correct from their 2021 peak, with the Manheim Used Vehicle Value Index ending December 2024 up 0.4% year over year, slightly below the typical observed ...
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