Hertz has canceled most of its new-car purchases this year as the car rental company continues negotiations with lenders to avoid bankruptcy.... KEEP READING

First-quarter Avis Budget Group revenue declined 9 percent year over year to $1.75 billion as the company braces for its "most difficult quarter" over... KEEP READING

National Car Rental's Emerald Club and Enterprise Rent-A-Car's Enterprise Plus loyalty programs each are extending elite status for members by a year.... KEEP READING

Carey International has promoted CFO Mitchell Lahr to be the company's president and CEO, the company announced.... KEEP READING

Hertz Global Holdings' total fourth-quarter revenue increased 1.4 percent year over year to $2.3 billion, driven by strength in the U.S. car rental... KEEP READING

Avis Budget Group revenue increased 5 percent year over year to a fourth-quarter record of $2.2 billion, driven partially by commercial volume growth.... KEEP READING

National Car Rental has made its Car and Driver service in China bookable through its website and mobile app, the company announced. The service,... KEEP READING

Enterprise Holdings president and chief operating officer Chrissy Taylor will become the company's CEO on Jan. 1, putting the reins of Enterprise back... KEEP READING

Hertz Global Holdings total revenues increased 3 percent year over year to $2.8 billion in the third quarter, as the company reported strong demand and... KEEP READING

Corporate business volumes at Avis Budget Group grew in the third quarter, though the company is seeing little movement on rates for its largest... KEEP READING