Car and Truck Rental Industry News | Auto Rental News
WEBNews and articles covering the car and truck rental industry, including fleet acquisition, remarketing, software, telematics, fleet insurance, and rental operations.
Annual U.S. Car Rental Revenue Tops Itself Again at $38.3 Billion
WEBDec 18, 2023 · The U.S. car rental industry earned an estimated $38.3 billion in revenue in 2023, exceeding a “shattering record” from the previous year, according to data collected by Bobit for the 2024 Auto Rental News annual Fact Book.
Hertz Names Stephen Scherr CEO - Auto Rental News
WEBFeb 4, 2022 · 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.
Auction Sales Volume Grows in August - Auto Rental News
WEBSep 5, 2024 · Total AuctionNet wholesale auction sales reached 593,285 units in August, almost equal to August 2023's figure on an unadjusted basis but up 4.6% when factoring in the number of selling days for each month (23 and 22 for August 2023 and 2024, respectively), AuctionNet reported on Sept. 4.
ATS Provides Toll Service to Fox Rent-A-Car - Auto Rental News
WEBAug 13, 2015 · PlatePass coverage is available to Fox Rent-A-Car customers in Florida, Northern California, Colorado, Washington and Texas. "We are delighted to partner with ATS to improve our services and tolling options to Fox customers," said Sean Busking, Fox Rent-A-Car’s chief operating officer.
Turo Returns to New York - Rental Operations - Auto Rental News
WEBJun 10, 2021 · Turo CEO Andre Haddad revealed plans to take Turo public in 2021. The company turned its first profitable quarter in 2020 and expects yearly profit in 2022.
TSD and Zubie Expand Partnership - Auto Rental News
WEBJun 20, 2023 · By leveraging Zubie's OBD telematics and Asset Trak capabilities, dealerships will be able to manage their entire fleet from a single connected platform.. Dealership operators can now seamlessly track the location and status of their courtesy vehicles and shuttles using Zubie's telematics solution.
Silvercar by Audi Becomes Audi on demand - Auto Rental News
WEBNov 15, 2022 · "Consumer behaviors are changing, and Audi is listening," said Sara Whiffen, VP of strategy, mobility & retail operations at Audi of America. "Audi on demand allows us to meet the growing need for short-term and long-term mobility experiences – local rental options, longer test drives, flexible short-term transportation, and lease …
Uber, Turo Partner to Arrange Car Rental Access
WEBSep 5, 2024 · Uber will bring Turo's fleet of over 1,600 makes and models to the Uber Rent platform, beginning in early 2025. The partnership aims to unlock more entrepreneurship opportunities for Turo hosts, while enabling millions of Uber customers in the U.S., Canada, U.K., Australia, and France to access new and popular vehicles.
How One Rental Company Uses a New Digital Tool to Detect …
WEBJul 25, 2023 · Jack Vercollone, owner of Massachusetts-based VERC Car Rental, partnered with iQtransit, an IT consulting firm with experience in Web and mobile software development, to help make this idea come to life.. Using a mobile device during the checkout process, a rental agent can take pictures of the vehicle’s exterior from six …