Business travel demand has had "gradual, consistent growth" in the first quarter as pricing remains elevated across several categories, according to FCM... KEEP READING

Lyft executed about 187.7 million rides in the first quarter, an increase of 23 percent year over year, with gross bookings of nearly $3.7 billion, up... KEEP READING

Germany-based car rental company Sixt reported strong first-quarter demand and consolidated revenue of €780.2 million, a 12.3 percent increase year over... KEEP READING

Hertz plans to sell an additional 10,000 electric vehicles from its fleet, on top of the 20,000 it announced in January it would sell, the company said... KEEP READING

Europcar Mobility Group, which includes the Europcar and Fox Rent A Car brands, has appointed Olivier Baldassari as managing director of the group for... KEEP READING

Hertz's Stephen Scherr will step down from his CEO role and member of the company's board of directors on March 31, the company announced Friday. ... KEEP READING

Germany-based car rental company Sixt reported record 2023 revenue of more than €3.6 billion, but noted a "significant deterioration in market... KEEP READING

Enterprise Mobility has partnered with Thai Rent a Car to add new franchise locations in Thailand for the Enterprise, National and Alamo car rental... KEEP READING

Avis Budget Group reported corporate demand improved through the fourth quarter and the full year, with a particular emphasis on blended business and... KEEP READING

Nearly a month after announcing the sale of one-third of its electric vehicle fleet and one day after reports of "paused" purchases of Polestar EVs,... KEEP READING