Articles tagged “rental cars”

Hertz to Get Third CEO in 2 Years as John Tague Exits Struggling Company

Hertz to Get Third CEO in 2 Years as John Tague Exits Struggling Company

Jamie Butters and David Welch, Bloomberg

The new CEO at Hertz will have a tough job when she starts in January. Travelers accustomed to on-demand options are losing patience with the complicated process of renting a car even as ride-sharing services continue to prove an attractive alternative.

10 months ago

Avis Budget Is Disappointed With Its U.S. Business Traveler Car Rentals

Avis Budget Is Disappointed With Its U.S. Business Traveler Car Rentals

Dan Peltier, Skift

Business travelers want convenience above all else and that's something rental car companies aren't the best at delivering, especially on their outdated websites that don't offer user-friendly experiences.

2 years ago

Hertz Has Another Lousy Quarter as Net Income Tumbles

Hertz Has Another Lousy Quarter as Net Income Tumbles

Mark Clothier, Bloomberg

A quarter like this makes you realize why they were reporting so poorly in the quarters before.

2 years ago

Zipcar Imitators in India Rent Cars at Less Than $1 Per Hour

Zipcar Imitators in India Rent Cars at Less Than $1 Per Hour

Siddharth Philip, Bloomberg

Sequoia Capital and other foreign investors are looking to the ride-sharing market in India as a huge market and a promising opportunity.

3 years ago