Wednesday 12th of March 2014
News from Compare Car Rentals Australia.
Major player in the car rental industry, Avis Europe, has announced that it plans to quadruple the number of hire car outlets it has in China in order to boost profits as the European market still awaits a recovery.
Avis Europe, which already has 26 outlets in China in partnership with Chinese company, Shanghai Automotive Industry Corp plans to increase the numbers to 100 by 2012.
Finance director for Avis Europe, Martin Smith said that Avis accounted for about 46 per cent of outlets run by international operators in the country, which is still only a very small market.
He continued by saying that Avis was a driving force in China, adding that the company was committed to opening more outlets in bigger cities and that they were planning to… Read the full story
by Isabella Robinson on March 8th, 2010
UK car rental company Weddingcarhire.co.uk has unveiled a new Facebook site aimed at giving customers the lowest rates and best deals on car hire specifically for weddings.
The social networking site has become a new phenomenon for businesses wanting to sell their goods and services, and Weddingcarhire has joined the bandwagon to offer exclusive deals and late cancellation bookings.
The benefits of the new Facebook site allows customers to read a variety of reviews on vehicle types as well as the opportunity to read forums in order to find out the best driving options. The dedicated Facebook page for wedding car hirers allows visitors to search through the extensive range of wedding vehicles while receiving travel tips and quotes. The Facebook group will give customers the ability to chat with friends online,… Read the full story
by Cooper Anderson on March 3rd, 2010
Hertz Rent A Car parent company, Hertz Global Holdings Inc, has posted a narrower than expected quarterly loss, helped along by improvements in the US car hire industry as well as cost cutting.
In the last quarter, the company had recorded a net loss of $30.9 million, or 8 cents per share, compared with a loss of $1.21 billion or $3.77 a share, in the same time as last year.
Excluding items, the company earned 6 cents per share.
Revenue for the company in this quarter also fell by about 3 per cent to $1.74 billion.
Industry analysts were initially expecting that the company would earn up to 1 cent per share, prior to special items, on revenue of $1.70 billion, according to sources.
The total amount of expenses by… Read the full story
by Cooper Anderson on February 24th, 2010
Following months of warnings, Australian travel companies who fail to declare the full price of services will be fined, it has been reported.
The Australian Competition and Consumer Commission is still fighting to get some operators to comply with a law protecting customers from omissions about pricing in advertising, a year on after changes were made to the Trade Practices Act.
Price structuring with airlines were the initial trigger for the reforms enacted in May 2009 to prevent companies from understating the total price of goods and services in a range of industries, including car hire.
Sellers of travel products and motor vehicles had been viewed as the worst offenders in the practice of so-called component pricing, where the advertised price omitted extras which were compulsory and had “asterisked” in… Read the full story
by Lily Thompson on February 23rd, 2010
Australian arm of the worldwide car hire giant, Hertz, has today unveiled a major expansion of it’s hire car fleet, including the release of a Prestige Collection and a Fun collection, both of which are already available in Europe and the US.
Commencing this month at many key outlets around the Australian mainland, Hertz is to begin offering luxury models such as Mercedes Benz and Lexus cars through the Prestige Collection, and Mini Cooper S and sporty Mini Cabriolets in the Fun Collection.
According to Jacqueline Lehmann, Regional Vice President and Managing Director of Hertz Australia, the car rental market is very competitive and success depends upon continually offering new and different vehicles, value for money and excellent customer service and product support.
She… Read the full story
by Aadyn Taylor on February 19th, 2010
Car rental firm Avis Budget has reported a narrower than anticipated quarterly loss, helped out by cost cutting and a healthy used car market, but went on to predict that its rental volumes in the first quarter to be lower than a year ago.
The company, which owns Avis Rent A Car and Budget Rent A Car, expects that year over year pricing comparisons will continue to be positive in the first quarter of this year.
The company currently sees per-unit fleet costs going down year over year and predicts the volume of rentals will improve gradually over the course of the year.
In a statement, Avis Budget said that it estimates the domestic fleet costs would decline by 4 to 6 per cent in 2010 on a per unit… Read the full story
by Mia Harris on February 18th, 2010
Auto maker Nissan has joined forces with the world’s largest car hire company Hertz to provide zero-emission cars to its fleet of rental vehicles in the US and Europe by early 2011. Under the terms of the agreement with the two companies, Hertz will launch a programme for the implementation of the Nissan LEAT at rental sites in the two markets.
The new Nissan LEAF will provide a new level f eco-mobility, in line with customer demand across Europe. Designed to be used with a lithium-ion battery chassis, the mid-sized car seats up to five adults and has a range of about 100 miles. The LEAF will also go on sale in Japan, the US, and Europe later this year.
Chairman and CEO of Hertz, Mark P. Frissora said the partnership with Nissan… Read the full story
by Lily Thompson on February 15th, 2010
Over 12 people have been injured when a bus overturned near a remote town located north of Alice Springs.
Police said the Greyhound bus travelling from Alice Springs to Darwin had crashed on the Stuart Highway, 122 kilometres north of Tennant Creek, at about 5.20am this morning.
News reports claim that one passenger was pinned under the bus, and a truck driver at the scene attempted to jack the huge vehicle off him before emergency crews arrived at the scene.
The area was swept with a string of storms the night before.
It is believed that the bus aquaplaned prior to coming down an embankment after hitting water flowing across the road.
The vehicle collided with a concrete-reinforced culvert and rolled. It was also towing a large luggage trailer, which jack… Read the full story
by Riley Walker on February 12th, 2010
A PricewaterhouseCoopers report listed this week announced that 63% of UK companies are looking to hire more employees this year. Paul Ashton of car leasing company Equalease, said that workers were learning that the rising UK recruitment levels were helping boost short-term company car leasing in 2010.
Paul Ashton said employees were learning that short term renting of company cars seemed more practical for employers when they hired new staff. He explained that the recession meant that employers were keener than usual to examine probationary staff over the initial provisional period to ensure they were committed and right for the job.
He said many companies at the moment have ceased to order a pool fleet when just a single or a few cars could be provided in this time of uncertainty. Ashton explained… Read the full story
by Riley Walker on February 10th, 2010
Toyota’s reputation could be severely dented given the slow manner the company has dealt with the faulty accelerator pedals in their cars.
The embroiling crisis engulfing Toyota has plunged to new depths with major car hire firms pulling the auto manufacturer’s models from their rental fleets, with US authorities launching a fresh safety probe, just as the carmaker estimated the crisis has already cost £1.3 billion.
The new twist in the drama witnessed Toyota suffering another terrible day on the global stock markets, with a total of $30 billion being wiped of the company’s vale since the crisis began.
The world’s largest car manufacturer has been running a global recall of eight million cars, including 180,000 in the UK. The company is attempting to ease customers’ fears over safety by placing… Read the full story
by Cooper Anderson on February 8th, 2010
- Avis to open more outlets in China
- Weddingcarhire.co.uk now on Facebook
- Hertz positive over fourth quarter losses
- Aussie car hire rental companies face dodgy pricing crackdown
- Hertz to introduce Fun and Prestige Collections downunder
- Avis losses less than expected
- Hertz joins forces with auto maker to promote green cars
- Greyhound bus crashes on Stuart Highway
- Short term car leasing companies doing well in recession
- Car rental firms react by removing Toyota models