Car Rental News
Signature Car Hire sets sights on new Ferrari 488 GTB
Another hot supercar released by Ferrari, the 488 GTB, has been added to the purchase list at Signature Car Hire. A mid-engine V8 sports car that features design influences from F1 and WEC is set to get car enthusiasts fighting to get a first glimpse at this new stunning performance vehicle.
Global car rental market expected to double in size by 2019
The global car rental market was valued at US$37 billion in 2013, according to research from Transparency Market Research, a figure expected to reach US$80 billion by 2019. The research, released in a report entitled Car Rental Market - Global and US Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013-2019 – expects the market to grow at a CAGR of 13.6 per cent from 2014 to 2019.
Benefits of renting a vehicle for summer travel
A recent survey found that more than 75% of summer leisure travelers are planning to drive to their destination this summer, driving an average of 689 miles round-trip. In fact, this past Independence Day, AAA forecasted roughly 35 million travelers traveled by automobile, the highest level since 2007.
Global car rental market to Reach USD 79.46 billion in 2019
According to a new market report published by Transparency Market Research “Car Rental Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,” global car rental market was valued at USD 36.89 billion in 2013, growing at a CAGR of 13.6% from 2014 to 2019 to account for USD 79.46 billion in 2019.
New York City priciest place to rent car in USA
Nowhere in the United States is renting a car more costly than in New York City according to a new survey. In coming up with the rankings, the survey compared 50 main destinations in the USA based on their car rental rates over the past 12 months.
Breaking Travel News review: Al Farrad Car Rental
With new generation of clients arriving and market research showing a dearth of car rental service providers with international standard of service, Al Farrad Car Rental Company was founded in 2003. Now, a decade later, that vision, to fill this void and to provide the best services possible, is still evident.
Rocky car hire company fined for underpaying worker
A Rockhampton car rental firm and its sole director have been fined a total of $92,664 for underpaying a worker over a five year period.
Travellers Autobarn Launches Brand New 2013 2-berth Campervan Rental Models
Travellers Autobarn is launching brand new 2013 2-berth campervan rental models - the newest of its kind in the Australian budget market.
Renting a car over Labor Day weekend? I.I.I. offers important tips
An estimated 34.1 million Americans are expected to travel at least 50 miles from home this Labor Day weekend, the highest turn out since 2008, when the recession was at its peak, the American Automobile Association reports. Gas prices are also down, nearly 5 percent, another plus for vacationers. However, for those renting a car, it can be confusing, frustrating and downright daunting.
New York City boasts highest car rental rates in the USA
New York City is more expensive than any other city when it comes to the price of renting a car. That’s the finding of a new survey from CheapCarRental.net. The survey compared 50 destinations in the United States based on their car rental rates over the past 12 months.
Car-sharing/rental services: Affordable and reliable alternative to owning a car?
Americans spend a lot of money on cars. To meet the growing need for flexibility, convenience and affordability in driving, short-term car-sharing/rental services are quickly becoming a reliable driving option. In fact, 15 percent of U.S. adults have used a service like ZipCar, Car2Go or Scoot in the past or plan to in the future.
Insurance policy to save money on car hire premiums and excess charges
Direct Travel Insurance has launched a new policy: Direct Car Excess, which means travellers hiring a car in the UK or abroad can save money by taking out this policy in advance, rather than by buying their car rental company’s more costly policy when they may be under pressure at the rental desk and in a hurry to start driving.