Rental Car Companies

Car-sharing rivals Uber, Lyft tussle over driver recruits

12:01 am U.S. ET | July 15, 2014
Uber and Lyft are racing to recruit drivers to spur the growth of their popular ride-sharing businesses. The rivalry for drivers is unfolding across the United States as both companies rush to expand services -- most recently in New York....
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Ford's vision extends beyond building cars

12:01 am U.S. ET | July 14, 2014
Ford Motor Co. Executive Chairman Bill Ford believes that global traffic congestion and new technologies will force automakers to think beyond their traditional role....
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Enterprise expands car-sharing business into Canada

6:23 pm U.S. ET | March 27, 2014
Enterprise Holdings’ Canadian subsidiary has purchased a car-sharing company in Toronto. Enterprise Rent-A-Car Canada’s acquisition of AutoShare CarSharing Network is the Canadian subsidiary’s first entry into the car-sharing business....
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BMW will expand car-sharing unit in Europe, U.S.

March 9, 2014 06:15 CET
BMW plans to expand its DriveNow car-sharing program to as many as 25 new cities to lure younger customers in Europe and the U.S....
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Global vehicle sales will likely peak in next decade, analysts say

12:01 am U.S. ET | March 1, 2014
The planet that Henry Ford put on wheels is poised for a stall. The world will reach "Peak Car" -- a point at which annual global sales growth will top out -- in the next decade, analysts predict....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

What's next for car sharing?

Feb. 7, 2014 06:15 CET
Car sharing in Europe went mainstream in 2013 as consumer awareness snowballed and more global automakers joined the sector....
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Report: Every shared car means 32 lost sales

4:41 pm U.S. ET | Feb. 4, 2014
Each vehicle in the Zipcar or car2go car-sharing fleet means 32 lost vehicle sales, according to a report from consulting firm AlixPartners. The report, based on a survey of 2,000 adult car-sharing customers, also said Americans would have bought 500,000 new or used vehicles since 2006 if not for access to car-sharing services, a total that could grow to 1.2 million by 2020....
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Chevy offers free Impala weekend drives for National renters

12:01 am U.S. ET | Feb. 1, 2014
Chevrolet is offering members of National Car Rental's frequent renters clubs who recently rented 2014 Chevrolet Impalas a weekend of seat time in another Impala for free....
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2014 AUTOMOTIVE NEWS WORLD CONGRESS

Ford COO expects millennials to fuel era of auto growth

12:01 am U.S. ET | Jan. 20, 2014
Driven by the rise of the millennial generation and a global growth boom, the auto industry is in the midst of a new golden age, Mark Fields, Ford Motor Co. COO, said in a speech at the Automotive News World Congress....
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Carl Icahn buys up to 40 million shares of Hertz, report says

3:00 pm U.S. ET | Jan. 3, 2014
Longtime Wall Street investor Carl Icahn bought as many as 40 million shares of stock in rental car giant Hertz Global Holdings Inc., CNBC reported today....
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Hertz shares jump after board adopts 'poison pill' stock plan

8:42 am U.S. ET | Jan. 1, 2014
Hertz Global Holdings rose to a record high after the largest publicly traded rental-car company said it adopted a so-called poison pill upon seeing “unusual and substantial activity” in its stock....
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How self-driving cars could transform the rental market

12:01 am U.S. ET | Nov. 4, 2013
Self-driving vehicle technology could one day give new meaning to Enterprise Rent-A-Car's "We'll Pick You Up" tag line....
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Payless Car Rental goal: Few new cars

12:01 am U.S. ET | Nov. 4, 2013
Rental-car companies’ efforts to use their vehicles more efficiently could, over the long term, chip away at automakers’ fleet sales....
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ARLENA SAWYERS

Recycling rental cars, before they're retired

4:18 pm U.S. ET | Nov. 1, 2013
Avis Budget Group sure knows how to get the most out of its rental cars. Many of its cars do double- or even triple-duty before being sold online directly to dealers and to consumers....
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Next at auctions: Multiple platform sales

12:01 am U.S. ET | Oct. 28, 2013
Listing used vehicles for sale simultaneously on multiple online remarketing platforms is the next big thing in used-vehicle wholesaling....
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Retailer Kuni plunges into multiplatform plan

12:01 am U.S. ET | Oct. 28, 2013
Kuni Automotive will wholesale its used vehicles on multiple remarketing platforms to its own stores and to other buyers....
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Tesla EVs offered by Hertz at Calif. airports

9:02 pm U.S. ET | Sept. 26, 2013
A handful of Tesla Motors electric cars are now available for rental at two California airports by Hertz Global Holdings, which is adding more upscale autos to its fleet....
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Zipcar boosts Detroit car-sharing fleet to 40 vehicles from 10

4:36 pm U.S. ET | Sept. 25, 2013
Car-sharing company Zipcar said it expanded its Detroit fleet to 40 vehicles from 10....
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Car sharing users to reach 12 million by 2020, report says

2:31 pm U.S. ET | Sept. 16, 2013
Car sharing services are expected to have more than 12 million members worldwide by 2020, up from 2.3 million this year, a report from Navigant Research said....
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Used-vehicle forecast: Softer prices, better selection

12:01 am U.S. ET | Sept. 9, 2013
An industrywide uptick in used-vehicle volume into 2014 will soften prices of those vehicles, forecasters and industry executives predict....
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BMW aims to expand car sharing in U.S.

12:01 am U.S. ET | Sept. 1, 2013
BMW wants to expand its DriveNow car-sharing program to U.S. cities that will allow its electric vehicles to be picked up and dropped off on public streets....
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Penske-Hertz deals yield cash, cars

12:01 am U.S. ET | Aug. 5, 2013
Penske Automotive Group Inc. said it gained $15 million in additional revenue in the second quarter from deals with Hertz Corp. that make Penske the exclusive operator of some Hertz rental locations in Memphis, Tenn., and parts of Indiana, including airport locations in Fort Wayne, Indianapolis and South Bend....
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Special Report
Fewer bosses, Disney savvy, $2 idea lift stores

Fewer bosses, Disney savvy, $2 idea lift stores

A Chrysler Group dealership chain is stripping away layers of management to sell cars faster. A Chevrolet-Cadillac store is enchanting customers through Disney training. Mon., July 21
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