Enterprise Vanpool tears a page out of the ride-sharing business model by creating a similar service, designed as a low-cost option for commuters that also reduces harmful discharges into the atmosphere.
While Uber made its initial public offering, despite its claim of overall revenues totaling $11.3 billion, the company’s capital and operating costs were far greater, putting it in the red at roughly $1.8 billion.
A study reveals that automakers who sell electric vehicles directly to car rental companies will be further ahead on the road to recovery, given the exorbitant costs of producing green technology automobiles.
The partnership will increase incentives and access for tourists visiting Japan and Japanese travelers heading for countries serviced by Enterprise. The endeavor will roll out at 80 Nippon airport outlets.
A recent series of video ads rolled out by Enterprise features Gerald Butler as a slick, Bond-like character in a few sticky situations. The ad perhaps reminded many of James Bond’s treatment of rental cars.
It turns out fewer families, individuals and corporations were buying vehicles due to an economy that’s still slugging. But one sector made up for that shortfall, ensuring strong bottom lines the rental car industry.
A report issued in March by Tax Foundation is stressing that the car rental industry is being singled out for taxes by most state governments. The taxes, are usually in the form of excise taxes, or flat rental taxes.
Aside from being the most popular electric car on the market, Tesla is also notorious for providing a great deal of information on not only its performance, but its drivers as well. The information is extensive.
Teslas are, according to security experts, one of the toughest cars in the world to steal. The tracking software and other security features, like Sentry Mode, make it even tougher to conceal it from authorities.
As the rental car industry faces increasing competition from the ride sharing sector, the business is tinkering with potential revenue stream markets. Subscription-based sales is a particularly unusual stream.