Latest Automobile renting and leasing News

$377 million rental car center to open at Honolulu airport

Nov. 29, 2021 15:27 PM EST

HONOLULU (AP) — A $377 million rental car center with room for 4,500 vehicles is scheduled to open at Honolulu's airport this week. The five-story facility will allow rental car companies to house their operations in the same centrally located, covered airport...

Tesla's market value tops $1T after Hertz orders 100K cars

Oct. 25, 2021 17:22 PM EDT

DETROIT (AP) — Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the latest evidence of the nation's increasing commitment to EV technology. The news of the deal triggered a...