Articles tagged “rental cars”

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

Tourism

Travel Brands Getting the Biggest Boost From U.S. Stimulus Check Spending

New U.S. spending data suggests that some brands, such as Enterprise, Vrbo, and JetBlue, had a better first half of 2021 than their rivals. The travel industry as a whole should be grateful for the U.S. federal stimulus checks to consumers.

Travel Brands Getting the Biggest Boost From U.S. Stimulus Check Spending

Rental Cars

Hertz Files for Bankruptcy Protection, Brought Down by Pandemic Under Heavy Debt

The 102-year-old car rental company is among the biggest brands so far to be leveled by the fallout from coronavirus. A new CEO is six days into the job. Let's see how Paul Stone maneuvers the iconic brand through Chapter 11.

Hertz Files for Bankruptcy Protection, Brought Down by Pandemic Under Heavy Debt

Online Travel

Car Rental Listings Service CarTrawler Gets Debt Relief Thanks to New Private Equity Owner

Investors should be relieved CarTrawler managed to get a deal done at all in today’s tough mergers-and-acquisitions market. The debt write-off has set up the travel tech company for promising momentum.

Car Rental Listings Service CarTrawler Gets Debt Relief Thanks to New Private Equity Owner

Online Travel

Virtuo Raises $23 Million for Car Rentals: Travel Startup Funding This Week

Three interesting companies announced investments this week: Virtuo, a car rental service, aims to replace service counters with mobile-first customer service. May Mobility builds autonomous vehicles for smart cities. NuStay offers hotel price-comparison.

Virtuo Raises $23 Million for Car Rentals: Travel Startup Funding This Week

Rental Cars

Satisfaction With Rental Cars Is Rising as Costs Stay in Check

Some travelers are more satisfied with rental cars, but that doesn't mean the industry's challenges are in the past. Uber and other ride-hailing companies are still dominant in some markets.

Satisfaction With Rental Cars Is Rising as Costs Stay in Check

Rental Cars

Why Car Rental Companies Won’t Go Out of Business Anytime Soon

Yes, consumers — even business travelers — like to use ridesharing apps. But corporate travelers are still renting plenty of cars and paying hefty prices for them. Sometimes, that's still the best way to get around.

Why Car Rental Companies Won’t Go Out of Business Anytime Soon

Rental Cars

U.S. Rental Car Companies Are Taking a Hit on Falling Fleet Values

Forecasters say the U.S. car rental industry will find it tough to raise prices on rentals because of ridesharing services like Lyft and Uber. That's bad news for Avis and Hertz, which are not fetching high prices for their vehicles in used-car markets.

U.S. Rental Car Companies Are Taking a Hit on Falling Fleet Values

Rental Cars

Credit Cards May Pay When a Traveler Crashes Their Rental Car

But beware the fine print, as ever. For example, collecting reimbursement from a card company can take a while, so you may have to front money for expenses.

Credit Cards May Pay When a Traveler Crashes Their Rental Car

Online Travel

Travelport Signs Deal to Get Hertz’s Prepaid Car-Rental Rates for the First Time

As its pace of revenue growth slows, travel-tech player Travelport needs to diversify beyond distributing airline tickets. Rental cars are one bright spot. It is gaining traction thanks to a new deal with Hertz.

Travelport Signs Deal to Get Hertz’s Prepaid Car-Rental Rates for the First Time