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The deal, valued at about $2.18 billion, faces antitrust scrutiny as it reduces the largest players in the market from three to two.

1 month ago

Related Articles - Cars

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Hertz will continue to trade on the over-the-counter (OTC) market, where the majority of stocks sold are penny stocks.

14 hrs, 18 mins ago
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All world regions recorded large declines in arrivals during the first eight months of the year.

23 hrs, 46 mins ago
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Avis Budget Group announced third quarter net income of $45 million as a result of removing about $1 billion of costs for the quarter and taking advantage of the strong used vehicle market.

1 day, 14 hrs ago
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Throughout the five days, seminars and discussions focused on a variety of issues, from the COVID-19 pandemic and travel restrictions, to the battle over independent contractors and customer engagement.

2 days, 18 hrs ago
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The lawsuit claims that rating system leads to the disproportionate firing of drivers who aren't white or who speak with accents.

2 days, 22 hrs ago
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Customers can choose from 13 different types of vehicles, including Fiat 500s, Peugeot 308s, Toyota Corollas, Nissan Qashqais and Soviet-era Ladas.

2 days, 22 hrs ago
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The Jeep is valued at $30,000.

2 days, 23 hrs ago
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While Europcar managed to generate positive adjusted corporate EBITDA on cost cutting, revenue fell to 537 million euros in the third quarter of 2020. Europcar no longer providing full-year guidance for 2020.

3 days, 1 hr ago
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As part of Udrive’s safe travel initiative in partnership with the Roads and Transport Authority Dubai, Department of Transport Abu Dhabi, and Sharjah Municipality, the company revamped its customer service technology with the release of additional smart solutions that would enable a safe, affordable,…

4 days, 1 hr ago
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Through this partnership, Geotab and Telefónica will provide the Europcar with seamless access to engine data, driving behavior, and GPS location.

4 days, 22 hrs ago
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