Car rental

SIXT USA Extends Off-Airport Presence With Six New Locations

Retrieved on: 
Thursday, January 25, 2024
Automotive, Other Automotive, Air, General Automotive, Transport, Fleet Management, Other Transport, Miami International Airport, Heart, Los Angeles Lakers, Chicago Bulls, International airport, Growth, Restaurant, InterContinental, Car rental

SIXT USA , a subsidiary of Sixt SE – a global leader in premium mobility services – announces the opening of six new off-airport locations in Pasadena, California; Cherry Creek, Colorado; Doral, Florida; Chicago, Illinois; Portland, Oregon; and at Washington D.C. Union Station.

Key Points: 
  • SIXT USA , a subsidiary of Sixt SE – a global leader in premium mobility services – announces the opening of six new off-airport locations in Pasadena, California; Cherry Creek, Colorado; Doral, Florida; Chicago, Illinois; Portland, Oregon; and at Washington D.C. Union Station.
  • Tom Kennedy, President, SIXT USA & Canada: “Continuing to expand our network so we have the right footprint and mix of airport and off-airport locations is essential to making SIXT a more convenient choice for new and existing customers and growing our business.
  • Today, SIXT USA operates more than 100 rental branches in 23 states.
  • In addition, by launching operations in Canada in 2022, SIXT is tapping into another billion-dollar market that also offers potential for synergies with its U.S. business.

Protective Insurance rebranding, becoming Progressive Fleet & Specialty Programs

Retrieved on: 
Monday, January 29, 2024
Marketing, Insurance, Protection, Transport, Car rental

MAYFIELD VILLAGE, Ohio, Jan. 29, 2024 /PRNewswire/ -- Progressive Insurance®, the number one Commercial Auto insurer in the U.S., today announced a new name for its large fleet commercial line (CL) coverage, formerly known as Protective Insurance, to Progressive Fleet & Specialty Programs (Progressive Fleet).

Key Points: 
  • New name provides same great coverage, exceptional customer service
    MAYFIELD VILLAGE, Ohio, Jan. 29, 2024 /PRNewswire/ -- Progressive Insurance®, the number one Commercial Auto insurer in the U.S., today announced a new name for its large fleet commercial line (CL) coverage, formerly known as Protective Insurance, to Progressive Fleet & Specialty Programs (Progressive Fleet).
  • The new name reflects the integration of businesses and captures Progressive's expanded expertise in large fleet transportation and niche insurance programs designed for those in the transportation and delivery industries.
  • Progressive acquired the Protective Insurance Corporation in 2021 and the official brand name change aims to benefit agents and customers with a nationally recognized brand.
  • Before joining Progressive, Protective Insurance had a decades-long heritage of marketing and underwriting insurance, including workers' compensation, primarily for the transportation industry.

CarParts.com Announces Extension of $30 Million Repurchase Plan

Retrieved on: 
Monday, January 22, 2024
Car rental

TORRANCE, Calif., Jan. 22, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS), a leading online retailer of automotive parts and accessories, today announced its Board of Directors has approved the extension of the Company's current $30 million stock repurchase plan (the "Repurchase Plan") to July 26, 2026.

Key Points: 
  • TORRANCE, Calif., Jan. 22, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS), a leading online retailer of automotive parts and accessories, today announced its Board of Directors has approved the extension of the Company's current $30 million stock repurchase plan (the "Repurchase Plan") to July 26, 2026.
  • The Repurchase Plan was originally set to expire on July 26, 2024.
  • The Company currently has approximately $25.2 million available for repurchase under the Repurchase Plan.
  • The Company has no obligation to repurchase any common shares under the authorization, and the Repurchase Plan may be suspended, discontinued, or modified at any time for any reason.

Carizma Motors Unveils Extensive Collection of Pre-Owned SUVs in Lubbock, Texas

Retrieved on: 
Friday, January 19, 2024
Multimedia, Ford, Volkswagen, SUV, Jeep, Safety, Car rental

LUBBOCK, Texas, Jan. 19, 2024 /PRNewswire-PRWeb/ -- Carizma Motors, a premier used car dealership in Lubbock, Texas, proudly announces its comprehensive inventory of top-quality used SUVs. With a focus on affordability and reliability, Carizma Motors offers top-quality brands, including Ford, Jeep, Volkswagen, Chevrolet and more.

Key Points: 
  • LUBBOCK, Texas, Jan. 19, 2024 /PRNewswire-PRWeb/ -- Carizma Motors , a premier used car dealership in Lubbock, Texas, proudly announces its comprehensive inventory of top-quality used SUVs.
  • With a focus on affordability and reliability, Carizma Motors offers top-quality brands, including Ford, Jeep, Volkswagen, Chevrolet and more.
  • Carizma Motors caters to the diverse needs of its customers, ensuring a wide selection of mid-size SUVs.
  • In response to the growing demand for all-wheel-drive vehicles, Carizma Motors is well-equipped with a range of SUVs designed for optimal performance in diverse driving conditions.

Neighbor's Trailer Announces Strategic Partnership with MBA Insurance for Rental Trailer Coverage

Retrieved on: 
Thursday, January 18, 2024
Recreational vehicle, Partnership, Trailer, Insurance, Car rental

PERRIS, Calif., Jan. 18, 2024 /PRNewswire/ -- Neighbor's Trailer, the largest and most trusted peer-to-peer trailer rental platform in the United States, today announced that it has entered into a strategic partnership with MBA Insurance. With this partnership in place, Neighbor's Trailer customers can now buy insurance coverage for all eligible trailers rented through the platform. Neighbor's Trailer rents flatbeds, enclosed trailers, utility trailers, horse trailers, and more. The platform creates a secure environment with essential software and digital ID verification for private owners and trailer rental companies to list trailers and manage trailer rental bookings.

Key Points: 
  • PERRIS, Calif., Jan. 18, 2024 /PRNewswire/ -- Neighbor's Trailer , the largest and most trusted peer-to-peer trailer rental platform in the United States, today announced that it has entered into a strategic partnership with MBA Insurance.
  • With this partnership in place, Neighbor's Trailer customers can now buy insurance coverage for all eligible trailers rented through the platform.
  • Now, with the help of MBA Insurance, trailer owners and renters alike can finally have peace of mind that they have rental coverage.
  • Neighbor's Trailer insurance may also be a solution for trailer rental companies that are looking to make a switch from other insurance providers.

accessibleGO Expands to Become First One-Stop Shop for Travelers with Disabilities

Retrieved on: 
Wednesday, January 17, 2024
Partnership, Disability, City, Travel, Caregiver, Medicine, Wheelchair, Car rental

NEW YORK, Jan. 17, 2024 /PRNewswire/ -- accessibleGO, the leading accessible travel platform, today unveiled a series of enhanced products and services to make all aspects of travel more accessible and inclusive for people with disabilities. Now in addition to hotels, customers can book flights, rental cars with hand controls, wheelchair van rentals, mobility rentals, and concierge ride services for wheelchair-accessible vehicles, all in one place. Additional features will be introduced in the coming months.

Key Points: 
  • At accessibleGO, disrupting the travel booking process extends beyond the initial reservation.
  • Once a booking is made, an accessibleGO team member contacts the provider to confirm accessibility requests can be accommodated.
  • Mobility Rentals: Through a partnership with Scootaround, customers can book mobility products including scooters, wheelchairs, hoyer lifts, hospital beds and recliners through accessibleGO.
  • To book travel or to join and engage with the accessibleGO community, visit accessibleGO.com .

SIXT and Stellantis Reach Agreement for the Purchase of Up to 250,000 Vehicles, Laying the Foundation for Further Global Expansion

Retrieved on: 
Tuesday, January 16, 2024
CO2, Fiat, BEV, Maserati, Partnership, Dodge, DS Automobiles, Car, Alfa Romeo, Ram, Ecosystem, Peugeot, Software, Carbon, Telemetry, Opel, Lancia, SUV, Data as a service, Growth, Car rental

First significant delivery volumes will take place as early as the first quarter of 2024 and will continue throughout the year.

Key Points: 
  • First significant delivery volumes will take place as early as the first quarter of 2024 and will continue throughout the year.
  • SIXT rental customers will benefit from an attractive choice of vehicles of Stellantis award-winning brands including Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Opel, Peugeot, Ram, Vauxhall and Maserati.
  • This will allow SIXT to streamline handling at branches benefiting customers with even faster processing and even better vehicle availability.
  • This agreement with a progressive, full-range partner underscores our promise to provide our customers with the best choice for all their mobility needs.

SIXT and Stellantis Reach Agreement for the Purchase of up to 250,000 Vehicles, Laying the Foundation for Further Global Expansion

Retrieved on: 
Tuesday, January 16, 2024
Other Transport, EV, Electric Vehicles, Automotive, General Automotive, Transport, Other Automotive, Recreational Vehicles, Transportation, Travel, Fleet Management, CO2, Fiat, BEV, Maserati, Multimedia, Partnership, Dodge, DS Automobiles, Car, Alfa Romeo, Ram, Ecosystem, Peugeot, Software, Carbon, Telemetry, Opel, Lancia, SUV, Data as a service, Growth, Car rental

First significant delivery volumes will take place as early as the first quarter of 2024 and will continue throughout the year.

Key Points: 
  • First significant delivery volumes will take place as early as the first quarter of 2024 and will continue throughout the year.
  • This will allow SIXT to streamline handling at branches benefiting customers with even faster processing and even better vehicle availability.
  • This agreement with a progressive, full-range partner underscores our promise to provide our customers with the best choice for all their mobility needs.
  • Stellantis is on track to become a carbon net zero corporation by 2038, all scopes included, with single-digit percentage compensation of remaining emissions.

Work Truck Solutions’ Annual Review of 2023 Data Reveals Stable Demand for Commercial Vehicles

Retrieved on: 
Wednesday, January 10, 2024
SUV, Movement, DTT, Yoy, Quarter, Car rental

Chico, CA, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Work Truck Solutions ®, the leading authority on commercial vehicles, has released its 2023 Annual Commercial Vehicle Market Analysis.

Key Points: 
  • Chico, CA, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Work Truck Solutions ®, the leading authority on commercial vehicles, has released its 2023 Annual Commercial Vehicle Market Analysis.
  • Work Truck Solutions' reports for 2021 and 2022 offered data-driven insights into how the sector was overcoming labor shortages, manufacturing shutdowns, and inventory challenges.
  • "As the availability of regulation compliant vehicles manifests at dealerships, more data will be available to assess the impact on the commercial vehicle market,” said Aaron Johnson, CEO of Work Truck Solutions.
  • The data clearly shows the results of used commercial vehicles filling the void of a two-year manufacturing disruption.

LiveOne (Nasdaq: LVO) Provides Update for Its $10M Stock Repurchase Program

Retrieved on: 
Tuesday, January 9, 2024
LOS, Music, LiveOne, PODC, LVO, Car rental

LOS ANGELES, CA, Jan. 09, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment and technology platform, provided today certain updates for its ongoing $10M stock repurchase program. Under the stock repurchase program LiveOne's management has the discretion to buy back shares of common stock of LiveOne and/or PodcastOne. LiveOne owns ~80% of PodcastOne’s outstanding common stock.

Key Points: 
  • Under the stock repurchase program LiveOne's management has the discretion to buy back shares of common stock of LiveOne and/or PodcastOne.
  • Robert Ellin, Chairman and CEO of LiveOne, commented, “As previously announced, we are continuing to repurchase shares of our common stock in the open market.
  • The repurchase program does not obligate LiveOne to acquire any particular amount of shares, and the program may be suspended or discontinued at any time at LiveOne's discretion.
  • LiveOne will review the stock repurchase program periodically and may authorize adjustment of its terms and size.