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Avis

industry news

Car Rental Prices Increasing Due To Smaller Fleet Purchases

In addition to the increased cost of filling them with fuel, car rental rates are rising as rental companies try to squeeze profits out of a shrinking fleet, reports the Detroit News. To help decrease overhead, rental companies have removed 300,000 vehicles from their inventory, despite demand that has remained steady. To generate revenue from a smaller fleet, costs to the consumer have increased — though not as much as they could have thanks to intense competition within the industry. More »

industry news

Avis Promotes European "Three-Minute Guarantee," Prepares To Hand Out Lots Of Vouchers

Avis car rental is planing to offer a three-minute guarantee for its "Avis Preferred" members at all European locations. Within three minutes of entering the premises, these premium customers will be guaranteed to be done with the rental transaction; if the elapsed time is over the limit, the customer will be getting a €30 or £20 voucher in the mail. The company plans to continue its three-hour, 33-minute guarantee at all U.S. locations for the foreseeable future. [NewsPress]

industry news

American Automakers To Continue Limiting Fleet Sales, Koreans To Take Over?

Through the end of April, Chrysler had dropped fleet sales by 45,000 vehicles, a 17% decline from a year earlier, GM reduced its fleet sales by approximately 40,000 vehicles, a 14% drop and Ford posted a 9% decline in fleet sales, translating to 25,000 vehicles. Yes friends, Detroit automakers are avoiding the temptation to suckle at the teat of fleet sales, even in the face of significant sales drops. While the sales reductions will appear as another negative on an already battered sales report, fewer fleet sales — especially to daily rental fleets — should improve residual values for the "Detroit 3" in the long run. And we're all for the hometown folks taking a longer-term view of things for once — but the rental sales aren't the only part of the automakers non-retail strategy. More »

industry news

Satisfaction With Renting Cars Declines, You No Like Taurus?

Proving there's nothing about the traveling experience that's enjoyable to anyone anymore, J.D. Power and Associates 2007 Rental Car Satisfaction Study has found that people have a worse experience renting cars this year compared to last. Based on a completely made-up scale, overall satisfaction dropped 17 points to 750 in 2007, from 767 in 2006 (which is high?). Enterprise tops the list at 777 on the 1,000-point scale, compared to 762 for Hertz and a low 731 for Dollar. The findings are below the jump:
More »

Avis is expanding their "cool cars" with...hybrids? [CNNMoney.com]

news

Avis Putting WiFi in Rental Cars

The people who try harder are adding one more way to chew up your daily rental car allowance: for eleven smacks a day, our circuit-geek brothers at Gizmodo report, you'll soon be able to add a WiFi hotspot to your car. The service works via cell towers and offers up speeds somewhere between dialup and DSL. While our Gizbros' thoughts immediately went to in-car smut, we think it'd be a handy tool for getting directions, especially if the car's lacking GPS. Then again, what's a map cost? Two bucks? More »