Rental Cars

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

Rental Cars

Hertz Puts Bankruptcy Behind It With Transformational Plans

Hertz's new ownership has grand plans to remake the car rental firm. Over the next few years, you'll find out if that really happened depending on your experience at an airport car rental counter near you.

Hertz Puts Bankruptcy Behind It With Transformational Plans

Rental Cars

43 Million Americans Expected to Hit the Road This July 4 Holiday, Surpassing 2019

The global pandemic lockdown has awakened a new hunger for traveling. Despite the uncertainty of a new variant of coronavirus, the U.S. is seeing an increase in road trips that are good for the economy. But is it good for the environment?

43 Million Americans Expected to Hit the Road This July 4 Holiday, Surpassing 2019

Rental Cars

U.S. Road Trippers Logged 249 Billion Miles in April, a 56 Percent Jump From 2020

Americans put big-time miles on their vehicles this spring as the pandemic weary exercised their pent-up travel demand on the open roads.

U.S. Road Trippers Logged 249 Billion Miles in April, a 56 Percent Jump From 2020