Auto Rental News Reporter
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May 9, 2018
Hertz Improves Revenues, Narrows Loss in Q1

In the first quarter of 2018, Hertz Global Holdings reported total revenues of $2.1 billion and decreased net loss by 9% based on an increase in transaction days, a decrease in per-unit depreciation expense, and an increase in pricing excluding ride-hailing rentals.


Avis Grows Revenue 7%, Record $2 Billion in Q1

Revenue growth was driven by a 5% increase in total rental days and strong pricing.


Enterprise Opens New Maryland Branch Office

In addition to an automatic car wash, the new branch features a parking lot that is spacious and easy to navigate.


Florida Student Exchanges Guns for Free Ferrari Rental

305 Elite’s owner, Rashawn Welch, is also president of Cease Fire Now, an organization that focuses on ending gun violence among youth in Sunshine State.


[Video]: Hawaii Rental Operator Loses Car as Kilauea Volcano Spews Lava, Flames

Mike Hale, who runs Big Island Auto Rental, was forced to leave his personal vehicle behind Sunday, as it needed to be jumped, while fleeing from the lava and smoke that has been erupting from the volcano.


Edge Auto, Budd Enterprises Merge, Expand NYC Rental Offerings

The acquisition has enabled Edge Auto Rental to expand into the trucking and labor sector by adding CBS Network, NY Philharmonic Concerts in the Parks, and the Metropolitan Opera, to its roster.


Self-Driving Startup to Launch Ride-Hailing in Texas

Drive.ai will gradually on-board partners into the program and allow Frisco residents access to its ride-hailing app beginning in July.


Wheels, Inc. to Offer Uber to Fleet Customers

Wheels, Inc. will begin offering commercial fleet clients access to Uber for Business to allow drivers to utilize the ride-hailing service and centralizing billing of the trips.

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November 2017
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Chris Brown
Chris Brown
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Mobility: Separating the Signal from Noise

These days, it’s not easy to be in fleet.

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Chris Brown
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