Can small-scale rental car entrepreneurs take on giants like Hertz and Avis Budget? That’s what a group of these do-it-yourselfers aim to do, according to a report Saturday (July 22) by the Wall Street Journal (WSJ). According to the report, these businesses are putting together vehicle fleets...
Lyft has laid off about 60 people and announced it was ending its program that let people rent its cars on its app. The Wall Street Journal reported Wednesday (July 20) that Lyft has been consolidating its global operations. The 60 people are less than...
Hertz Global Holdings filed Chapter 11 bankruptcy late Friday (May 22) as the coronavirus pandemic continues to dry up travel and tourism and all but shut down the car-rental business. “Hertz has over a century of industry leadership and we entered 2020 with strong revenue...
The Fair Go program, which allowed Uber drivers to lease vehicles through short-term arrangements, is coming to an end, Fair reportedly announced at an all-hands meeting on Thursday (Feb. 6). The program will stop in April, according to reports. A spokesperson said, according to reports,...
November 27, 2018
For decades, it stood as a rite of passage for so many consumers: buying one’s first car. However, according to many experts, vehicle ownership has a limited future, given the rise of ridesharing, autonomous vehicle (AV) technology and the so-called sharing economy. Companies are competing to win bigger positions within the sweet spot of those […]
June 11, 2018
Before the internet made car pricing transparent, a car’s value was a big unknown for the consumer. Buyers would dealer-hop, negotiate for hours and do the back-and-forth between dealers before, mostly out...
January 08, 2018
Some innovations are brilliant – and obviously so – from the start. Others take a little more convincing. Such was the story of the early founding days of WaiveCar, when founder Isaac...
December 13, 2023
Klarna says it has teamed with business-to-business (B2B) car rental solutions company CarTrawler. The partnership, announced Wednesday (Dec. 13), lets travelers use Klarna’s buy now, pay later (BNPL) offering to pay for car rentals when booking on more than 70 airlines and 250-plus travel websites. “Consumer demand for innovative, flexible payment options continues to grow, and our partnership with […]
July 23, 2023
Can small-scale rental car entrepreneurs take on giants like Hertz and Avis Budget? That’s what a group of these do-it-yourselfers aim to do, according to a report Saturday (July 22) by the...
July 20, 2022
Lyft has laid off about 60 people and announced it was ending its program that let people rent its cars on its app. The Wall Street Journal reported Wednesday (July...
May 22, 2020
Hertz Global Holdings filed Chapter 11 bankruptcy late Friday (May 22) as the coronavirus pandemic continues to dry up travel and tourism and all but shut down the car-rental business....
