Rental Car Industry Trends Ahead for 2025
2024年12月20日 · What’s top of mind will point to or involve industry trends and shifts. Two events in 2024 collected many of those topics and insights on the present and future state of the auto rental industry: The American Car Rental Association (ACRA) annual conference in Washington, D.C., Sept. 16-18, and the International Car Rental Show in Las Vegas, April 15-17.
Enterprise Mobility Recaps FY 2024 Performance
2024年10月24日 · In October 2023, the mobility portfolio aligned under a new corporate brand — Enterprise Mobility — to reflect, connect and promote its full line of companies and services.. One year later, this focus on developing its mobility portfolio, along with strong global growth, helped drive record revenue of more than $38 billion for Enterprise Mobility, …
Rental Car Tech Trends for 2025 - Auto Rental News
2025年1月2日 · 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, faster, and more profitable car rental operations. The challenge lies in choosing which tech ...
5 Major Issues Top Rental Car Industry Event
2024年10月8日 · NO. 1: The Latest on Rental Fleet Best Practices. Starting off the conference, the ACRA Industry Outlook session featured four panelists who discussed the post-pandemic changes in the car rental industry: Moderator Sharky Laguana, ACRA President and CEO and owner of Bandago; Jim Shalberg of Auto Rental Solutions; Ian Kusinitz of Empire Rent A Car; Cindy Trennery of First Source Bank; and Julio ...
How Car Rental Operators Can Prevail in 2024
2024年1月4日 · It’s becoming clear that 2021 and 2022 were anomalies of historic proportions.. Sure, fleet was hard to come by, but everyone enjoyed insanely high rental rates and was able to exit fleet with minimal net holding costs. Profit margins were historically high for everyone, from the majors on down to the guy with 20 crossovers.
Finalrentals Expands Caribbean Reach - Auto Rental News
2024年9月10日 · The Windward Island nation becomes the eighth Caribbean location on its list of car rental destinations. Working in partnership with Jivon Louison, Finalrentals will be able to offer car hire at the Maurice Bishiop International Airport, located about five miles south of the island’s capital of St. George.
Business Truths That Never Expire - Auto Rental News
2025年1月10日 · I had just admitted how embarrassed I was during my first full year at Auto Rental News about missing the meaning of L.O.R.: It’s Length of Rental, not Loss of Rental, and does not mean the loss of use of a rental fleet vehicle.I won’t reexplain the concept since most of you have understood L.O.R. for years.
SIXT Ranks Third Overall in J.D. Power Rental Car Satisfaction Study
2024年10月11日 · SIXT is also the first new rental car brand to be ranked in the study in over a decade. The consumer research firm’s renowned annual survey asked consumers to rate their satisfaction across seven dimensions: Ease of rental, pick-up/drop-off, level of trust, vehicle, staff, value for price paid, and digital tools.
Graves Amendment Upheld in Loaner Vehicle Rental
2023年7月3日 · The Massachusetts Supreme Judicial Court ruled that the Graves Amendment preempts a state law that found an auto dealership liable for injuries caused by a non-approved driver.
Annual U.S. Car Rental Revenue Tops Itself Again at $38.3 Billion
2023年12月18日 · 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.