America’s Rental-Car Market Has Been Upended By Covid-19
America's Rental-Car Market Has Been Upended By Covid At the point when lockdowns were forced the previous spring, travel halted. The mobility market enlist at air terminals vanished practically, for the time being, says a representative for the American Car Rental Association (ACRA). Rental businesses do not even have much space to accommodate all their [...]
Volkswagen Plans To Buy A Car Rental Company
Volkswagen Plans To Buy A Car Rental Company German carmaker Volkswagen is leading a consortium that is in advanced discussions to purchase Europcar in a transaction that would value Europcar's stock at approximately 2.5 billion euros ($3 billion). Volkswagen believes the staid industry of rental cars may be a digital rare gem. Europcar's de facto [...]