Car Rental news and trends

Click-Ins Taps AI to Fight Insurance Fraud
Insurance // May 30, 2025

Artificial intelligence is increasingly being used by insurers, rental car companies, vehicle auction houses and others to more accurately assess vehicle damage, automate claims processing and avoid disputes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Klarna Pushes Deeper Into Travel Sector With CarTrawler Partnership
Buy Now Pay Later // December 13, 2023

Klarna says it has teamed with business-to-business (B2B) car rental solutions company CarTrawler. 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. By completing...

Entrepreneurs Aim to Create Airbnb of Rental Cars
Commerce Connected // July 23, 2023

Can small-scale rental car entrepreneurs take on giants like Hertz and Avis Budget? 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 Shuts Car Rental Unit, Cuts About 60 Jobs
Ridesharing // July 20, 2022

Lyft has laid off about 60 people and announced it was ending its program that let people rent its cars on its app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Interviews & Exclusives
Say Goodbye To Ridesharing As We Know It

November 27, 2018
For decades, it stood as a rite of passage for so many consumers: buying one’s first car. However, according to many experts, vehicle ownership has a limited future, given the rise of ridesharing, autonomous vehicle (AV) technology and the so-called sharing economy. Get the Full Story Complete the form to unlock this article and enjoy […]

Fair CEO: Why Cars-As-A-Service Is The Future Of Driving

June 11, 2018
Before the internet made car pricing transparent, a car’s value was a big unknown for the consumer. Buyers would dealer-hop, negotiate for hours and do the back-and-forth between dealers before, mostly out...

Using Cars To Build A Better Billboard

January 08, 2018
Some innovations are brilliant – and obviously so – from the start. Others take a little more convincing. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Quick Reads
Klarna Pushes Deeper Into Travel Sector With CarTrawler Partnership

December 13, 2023
Klarna says it has teamed with business-to-business (B2B) car rental solutions company CarTrawler. 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. By completing this form, you agree to receive marketing communications from PYMNTS […]

Entrepreneurs Aim to Create Airbnb of Rental Cars

July 23, 2023
Can small-scale rental car entrepreneurs take on giants like Hertz and Avis Budget? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Lyft Shuts Car Rental Unit, Cuts About 60 Jobs

July 20, 2022
Lyft has laid off about 60 people and announced it was ending its program that let people rent its cars on its app. Get the Full Story Complete the form...

Pandemic Drives Hertz To Declare Chapter 11 Bankruptcy

May 22, 2020
Hertz Global Holdings filed Chapter 11 bankruptcy late Friday (May 22) as the coronavirus pandemic continues to dry up travel and tourism and all but shut down the car-rental business....