This summer it’s harder than ever to rent a car in the U.S., especially at popular vacation destinations. To learn what’s behind the spike in rental car prices, WSJ speaks with an industry analyst and WSJ’s Nora Naughton. Photo: Luke Sharrett/Bloomberg
Tag Archives: Rental Cars
Transportation History: “The Rise And Fall Of Hertz” (CNBC Video)
Hertz was a pioneer in car rental and a highly recognized brand nearly as old as the American auto industry itself. Decimated by coronavirus, Hertz tried in mid-2020 to take advantage of an odd Robinhood-driven spike in its share price and sell stock to pay off its debts. At the time, the company admitted the shares it was selling could end up worthless. Will Hertz be able to emerge from bankruptcy in some form, or will this be the end of its century-long story.
Future Of Mobility: “The Out” Phone App Delivers Luxury Cars To Your Door
Alexander Walton Masters is the managing director of The Out, an on-demand luxury car-rental company that exists to help Londoners escape the city.
The company was born out of Jaguar Land Rover’s venture-capital arm InMotion, which incubates and invests in companies in the mobility space. From delivery to pick-up of its Jaguar and Land Rover vehicles, The Out aims to take away the usual pains of renting.
Boomers Daily 