Rental car company Hertz announced a proposed offering of $100 million of common stock and $300 million of exchangeable senior first-lien secured payment-in-kind (PIK) notes Wednesday (June 24), while also disclosing that it realized losses on the sale of vehicles in May due to “unexpected softness in...
Google Wallet is rolling out a new integration that will make it easier to participate in the Transportation Security Administration’s TSA PreCheck Touchless ID program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
With car prices skyrocketing, auto dealers are reportedly facing pressure from both regulators and customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Munich-based mobility technology company ryd has collaborated with Mastercard to launch a digital-first payment operating system for fleets across Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Fleet management software company Fleetworthy has unveiled what it calls three major enhancements to its platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Tesla’s months of promoting more affordable vehicles have reportedly not yielded more sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Lyft has announced a 60-day program designed to provide relief to Lyft drivers who are facing rising gas prices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Wheely, a luxury services company that provides chauffeuring and concierge services through its app, has expanded to New York City, according to its website. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Uber has teamed with carmaker Rivian to boost both companies’ autonomous vehicle efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
