VW Diesel Settlement Gains Final Approval From Regulators

Federal and California environmental regulators have given final approval to Volkswagen’s plan to fix or buy back about half of the diesel cars involved in its emissions scandal, which includes an additional $153 million payment to that state. Volkswagen announced the approval, according to an Associated Press report, and CARB announced plans to disperse settlement […]
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Ford Recalls F-150 and 3 Other Models for Seats

Ford Motor Co. is recalling 94,605 2014 Ford F-150, 2014 E-Series, 2014-2015 Escape, and 2015 Lincoln MKC vehicles in the U.S. so dealers can replace faulty seat, seatback, seat belt and seat belt buckle attaching bolts, the automaker said. The attaching bolts were improperly tempered. If they fracture, Ford said, the structural integrity of the […]
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Rent-A-Wreck Files for Bankruptcy, Cites Litigation Costs

Rent-A-Wreck of America Inc. has filed for Chapter 11 bankruptcy in Delaware, saying lengthy and costly litigation with the company’s founder had strained its liquidity and forced it into restructuring as operational losses mounted, according to a report by Law360. Gregg Steinbarth, Rent-A-Wreck director and general counsel, said that the company began experiencing serious issues […]
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Auto Rental Summit Announces 2017 Agenda, Keynote

Auto Rental Summit — the conference dedicated to “people, process, and profits” — moves to Miami for the first time with a roster of new speakers and an inaugural add-on event dedicated to smart mobility solutions for fleets. Auto Rental Summit will take place Nov. 6-7 at Miami Hilton Downtown. Mike Pitcher, the former CEO […]
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ACRA Announces D.C. Legislative Conference

Car rental taxes to build stadiums and convention centers …  the future of the car rental industry in the age of autonomous vehicles and private vehicle rentals … federal tax reform that directly impacts car rental companies … forced partnerships or franchises with minority- and women-owned companies to do business at airports … These are […]
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Fox Rent A Car Raises $25M in Funding

NewSpring Capital, a family of private equity funds providing growth and expansion capital, has led a $25 million investment in Fox Rent A Car Inc. in partnership with Kemper Corp. and Star Mountain Capital. Proceeds from the transaction will be used to help refinance Fox’s existing debt. Headquartered in Los Angeles, Fox maintains a fleet […]
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Los Angeles Airport Issues Request for Proposals for New Conrac

The Los Angeles Board of Airport Commissioners (BOAC) has authorized Los Angeles World Airports (LAWA) to issue a Request for Proposals (RFP) for the Automated People Mover (APM) train at Los Angeles International Airport (LAX). The RFP for the APM is one component of the larger $5.5 billion Landside Access Modernization Program (LAMP), which is […]
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Recall Masters Lookup Tool Added to Record360 App

Recall Masters Inc., a provider of automotive recall news, data, training, and communications, has announced a partnership with Record360, a provider of asset condition reporting software. Recall Masters’ real-time vehicle recall lookup will now be integrated into the Record360 app. Rental companies now have real-time updates when returning vehicle rentals and/or during recalls. Record360 offers […]
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Lyft Users Can Now Add Taco Bell Stop to Ride

Partnering with Lyft, Taco Bell fans can officially add a Taco Bell stop to their Lyft ride. Taco Mode is an in-app option for Lyft passengers, providing them the ultimate Taco Bell experience including swag, custom in-car menu, a tricked-out taco-themed car, and a free Doritos Locos Taco when you “ride-thru” Taco Bell on the way […]
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