Rental Cars

Rental Cars

Hertz Sees Jump in Revenues From Leisure Travelers

The rental car giant said booking around the Christmas holidays for places like California and Florida are spiking to twice 2021 levels. More evidence that leisure travel is showing no signs of slowing down.

Hertz Sees Jump in Revenues From Leisure Travelers

Rental Cars

Hertz Places Order for 175,000 Electric Vehicles from General Motors

Hertz is putting electric cars front and center, but unlike similar deals with Tesla and Polestar, this adds a wider range of models to the mix that should accelerate demand.

Hertz Places Order for 175,000 Electric Vehicles from General Motors

Rental Cars

Hertz Struggles in Corporate Travel But Is Encouraged by ‘Short-Burst’ Trip Trend

The impact of the strict and extended inbound Covid testing policy in the U.S. shouldn't be underestimated, especially when it comes to larger business customers. The ripple effect is evident in Hertz's latest results.

Hertz Struggles in Corporate Travel But Is Encouraged by ‘Short-Burst’ Trip Trend

Rental Cars

New Hertz CEO Will Be Ex-Goldman Sachs Finance Chief Stephen Scherr

Hertz's next CEO has his work cut out for him in remaking the company. The car rental firm's transformation plan sounds good on paper, but it will be up to Stephen Scherr to turn vision into reality.

New Hertz CEO Will Be Ex-Goldman Sachs Finance Chief Stephen Scherr

Rental Cars

Turo’s Road to Carshare Profitability Seems Endless

If carsharing platform Turo can't make a profit in a red-hot rental car market like 2021, when will it?

Turo’s Road to Carshare Profitability Seems Endless

Rental Cars

Avis Defies Skeptics With Stellar Quarter as Vaccinated Drivers Hit the Road

Avis has gotten an enormous boost from more people getting back on the road, and adding electric vehicles to its fleet could help give the company another huge source of revenue.

Avis Defies Skeptics With Stellar Quarter as Vaccinated Drivers Hit the Road

Rental Cars

Hertz Orders 100,000 Tesla Cars in Effort to Create Electric Fleet

Although electric cars could play an enormous role in the fight against climate change, an important question is how easy will it be for consumers to charge those vehicles? The U.S. needs to improve its charging network infrastructure to encourage more people to buy and drive electric cars.

Hertz Orders 100,000 Tesla Cars in Effort to Create Electric Fleet

Rental Cars

Hertz Taps Former Ford Boss as Its Interim CEO

While leading any major company will bring enormous challenges, Mark Fields is fortunate he can devote his focus at Hertz to matters other than bankruptcy.

Hertz Taps Former Ford Boss as Its Interim CEO

Rental Cars

Volkswagen Close to Buying France’s Europcar in Hot Car Rental Market

If Volkswagen succeeds in its bid to purchase Europcar, consumers would greatly benefit as the deal would likely lead to electric vehicles becoming more available.

Volkswagen Close to Buying France’s Europcar in Hot Car Rental Market

Airlines

Renewed Family Travel Tests Flexibility of Travel Businesses

With several weeks of summer still left, having a family vacation is still a possibility. But parents traveling with kids are getting smarter about how they're spending their money. If the industry wants to attract this billion dollar sector, appealing to their kids is the smart way to go.

Renewed Family Travel Tests Flexibility of Travel Businesses