Car rental

Budget Saudi Announces Impressive Long-Term Lease Contract Growth and Best ESG Practices Award for 2023

Retrieved on: 
Friday, February 9, 2024
Customer, Sustainability, Transport, Policy, CSR, Kingdom, Growth, EVS, EV, Biophysical environment, ESG, Car rental, KSA

The company has not only reported substantial growth in long-term lease contracts but has also received the prestigious Global Economics Award for Best ESG (Environmental, Social, and Governance) practices in the industry.

Key Points: 
  • The company has not only reported substantial growth in long-term lease contracts but has also received the prestigious Global Economics Award for Best ESG (Environmental, Social, and Governance) practices in the industry.
  • In 2023, Budget Saudi achieved remarkable success in the long-term lease contract segment, with contracts valued at SAR 992 million.
  • This impressive milestone represents a 27% year-over-year growth in contract value for over 8,200 vehicles in company's fleet.
  • The company was recently honored with the Global Economics Award for Best ESG Practices in the Car Rental and Transportation Industry in Saudi Arabia.

KIA EV9 NAMED 'BEST EV' IN 2024 MOTORWEEK DRIVERS' CHOICE AWARDS

Retrieved on: 
Friday, February 9, 2024
Gasoline, SUV, EVP, EVS, Family, EV, Multimedia, NBA, Kia, HEV, Photography, Building, EV9, MotorWeek, PHEV, Car rental

This marks the second year in a row that Kia received the "Best EV" honor from MotorWeek, following the Kia EV6 win in 2023

Key Points: 
  • This marks the second year in a row that Kia received the "Best EV" honor from MotorWeek, following the Kia EV6 win in 2023
    IRVINE, Calif., Feb. 9, 2024 /PRNewswire/ -- Today, the 2024 Kia EV9 received the MotorWeek Drivers' Choice "Best EV" award for 2024.
  • Last year, the 2023 Kia EV6 also received the "Best EV" honor, along with the "Best of the Year" title.
  • "As the brand's first all-electric, three-row SUV, the Kia EV9 continues to receive praise for the vehicle's overall excellence and execution across many factors," said Steven Center, COO & EVP, Kia America.
  • "We are proud to receive the 'Best EV' award from MotorWeek again this year for the all-new EV9."

AVI Systems Signs Agreement With Audio Visual Associates of New Jersey to Further Expand the AVI Footprint in the Northeast United States

Retrieved on: 
Thursday, February 8, 2024
Other Defense, Media, Professional Services, Consumer Electronics, Technology, Other Communications, Digital Marketing, Other Professional Services, Marketing, Audio, Video, Communications, Content Marketing, History, AV, AVI, AVA, Microsoft, Sale, Geography, Car rental

AVI Systems , the largest global audiovisual and unified collaboration systems integrator, today announced that Audio Visual Associates (AVA) will join AVI Systems as it 32nd location in the U.S.

Key Points: 
  • AVI Systems , the largest global audiovisual and unified collaboration systems integrator, today announced that Audio Visual Associates (AVA) will join AVI Systems as it 32nd location in the U.S.
  • Located in New Jersey, AVA will serve its clients going forward as AVI Systems.
  • The majority of AVA employees will become employee owners at AVI Systems when the transition is complete.
  • “The Northeast region of the U.S. is AVI System’s fastest growing geography with strong demand from global customers,” said Jeff Stoebner, CEO at AVI Systems.

Flexter.com and Green Motion Announce Strategic Partnership to Transform the Short-Term Truck Rental Reservation Process Worldwide

Retrieved on: 
Wednesday, February 7, 2024
Partnership, Motion, CO2, Car rental

MONTREAL, Feb. 7, 2024 /PRNewswire/ - Flexter.com, the innovative reservation platform for the short-term truck rental industry, is thrilled to announce a strategic partnership with Green Motion/ U-Save, a globally recognized provider of low CO2 car and van rentals.

Key Points: 
  • MONTREAL, Feb. 7, 2024 /PRNewswire/ - Flexter.com, the innovative reservation platform for the short-term truck rental industry, is thrilled to announce a strategic partnership with Green Motion/ U-Save, a globally recognized provider of low CO2 car and van rentals.
  • This collaboration will see Green Motion's worldwide brand, including their prominent U-Save brand in the USA, listing their extensive truck rental inventory on the Flexter.com platform.
  • Thomas Delveaux Lefebvre, CEO and Founder of Flexter.com, highlighted the significance of the partnership: "The strategic partnership with Green Motion is a significant step forward for Flexter.com.
  • This strategic partnership between Flexter.com and Green Motion continues to enhance the sourcing and booking process in the short-term truck rental industry, providing customers with solutions, accessibility, and eco-friendly options.

Flexter.com and Green Motion Announce Strategic Partnership to Transform the Short-Term Truck Rental Reservation Process Worldwide

Retrieved on: 
Wednesday, February 7, 2024
Partnership, Motion, CO2, Car rental

MONTREAL, Feb. 7, 2024 /PRNewswire/ -- Flexter.com, the innovative reservation platform for the short-term truck rental industry, is thrilled to announce a strategic partnership with Green Motion/ U-Save, a globally recognized provider of low CO2 car and van rentals.

Key Points: 
  • MONTREAL, Feb. 7, 2024 /PRNewswire/ -- Flexter.com, the innovative reservation platform for the short-term truck rental industry, is thrilled to announce a strategic partnership with Green Motion/ U-Save, a globally recognized provider of low CO2 car and van rentals.
  • This collaboration will see Green Motion's worldwide brand, including their prominent U-Save brand in the USA, listing their extensive truck rental inventory on the Flexter.com platform.
  • Thomas Delveaux Lefebvre, CEO and Founder of Flexter.com, highlighted the significance of the partnership: "The strategic partnership with Green Motion is a significant step forward for Flexter.com.
  • This strategic partnership between Flexter.com and Green Motion continues to enhance the sourcing and booking process in the short-term truck rental industry, providing customers with solutions, accessibility, and eco-friendly options.

Travelex Joins InsureMyTrip.ca’s Growing Travel Insurance Offerings in Canada

Retrieved on: 
Tuesday, February 6, 2024
Partnership, VTC, Travelex, Insurance, Travel, Car rental

Toronto, Canada, Feb. 06, 2024 (GLOBE NEWSWIRE) -- InsureMyTrip , Canada’s rapidly growing travel insurance comparison website, is excited to announce the addition of Travelex Insurance Services Canada Inc. to its portfolio of travel insurance providers.

Key Points: 
  • Toronto, Canada, Feb. 06, 2024 (GLOBE NEWSWIRE) -- InsureMyTrip , Canada’s rapidly growing travel insurance comparison website, is excited to announce the addition of Travelex Insurance Services Canada Inc. to its portfolio of travel insurance providers.
  • InsureMyTrip’s Canadian travellers now have the opportunity to select travel protection plans provided by Travelex, part of the Zurich family of global brands.
  • This new partnership further enhances InsureMyTrip.ca’s commitment to delivering a comprehensive range of insurance options catering to the diverse needs of Canadian travellers.
  • “Adding Travelex to our platform marks another significant stride in our mission to provide Canadians with a diverse range of travel insurance coverage options, empowering them to make well-informed choices regarding their travel insurance needs.”
    The newly launched InsureMyTrip.ca is set to become the premier destination for travel insurance comparisons in Canada.

Fisker Welcomes Dealers From Across North America to Its First Open House and Signs First US Dealer Partner

Retrieved on: 
Wednesday, January 31, 2024
EV, Electric Vehicles, Alternative Vehicles, Fuels, Automotive, Automotive Manufacturing, General Automotive, Performance & Special Interest, Vehicle Technology, Manufacturing, Partnership, Multimedia, SUV, Rōnin, Inc., House, Open House, Marketing, Fisker Inc., The Open House, Fisker Alaska, EPA, Fisker Ocean, Engineering, Car rental

At the event, Mills Auto Group signed up to become Fisker’s first dealer partner in the US and will open three Fisker dealer locations.

Key Points: 
  • At the event, Mills Auto Group signed up to become Fisker’s first dealer partner in the US and will open three Fisker dealer locations.
  • (Photo: Fisker Inc.)
    At the event, Mills Auto Group signed up to become Fisker’s first dealer partner in the US and will open three Fisker dealer locations.
  • Fisker leaders, including Henrik Fisker, will attend the National Automobile Dealers Association Show in Las Vegas, held from February 1-4, and expect to sign several additional dealers.
  • Dealers were also able to experience firsthand the Fisker Ocean SUV, the Fisker Alaska pickup truck , the Fisker PEAR crossover SUV , and the Fisker Ronin super GT convertible .

Nidec Announces the Status of Own Share Repurchase

Retrieved on: 
Thursday, February 1, 2024
Machine Tools, Metalworking & Metallurgy, Automotive Manufacturing, Technology, Manufacturing, Machinery, Hardware, Nidec, Corporation, OTC, Companies Act, Total, Share repurchase, Car rental

Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) today announced the status of the Company’s own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors held on January 24, 2024, pursuant to Item 1 of Article 459 (1) of the Companies Act of Japan.

Key Points: 
  • Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) today announced the status of the Company’s own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors held on January 24, 2024, pursuant to Item 1 of Article 459 (1) of the Companies Act of Japan.
  • Period of own share repurchase: From January 25, 2024 through January 31, 2024
    Number of own shares repurchased: 0
    Note: The above repurchase information has been prepared on the basis of trade date.
  • A) Details of the share repurchase plan authorized by the Board of Directors on January 24, 2024:
    Total number of shares that may be repurchased: Up to 2,000,000 shares
    (0.34% of total number of shares issued, excluding treasury stock)
    B) Total number and yen amount of own shares repurchased from January 25, 2024 through January 31, 2024, pursuant to the Board of Directors resolution above:
    Total number of own shares repurchased: 0
    View source version on businesswire.com: https://www.businesswire.com/news/home/20240131652562/en/

Metavesco Announces Stock Buyback Program

Retrieved on: 
Friday, February 2, 2024
Growth, Burn, OTC, Share repurchase, Car rental

CUMMING, Ga., Feb. 2, 2024 /PRNewswire/ -- Metavesco, Inc. (OTC PINK: MVCO), a web3 enterprise and digital asset innovator, today announced it has authorized a common stock buyback program of up to $1 million.

Key Points: 
  • CUMMING, Ga., Feb. 2, 2024 /PRNewswire/ -- Metavesco, Inc. (OTC PINK: MVCO), a web3 enterprise and digital asset innovator, today announced it has authorized a common stock buyback program of up to $1 million.
  • The Board has determined that the current market price of Metavesco, Inc.'s common stock does not reflect its fair value.
  • Key Highlights of the Stock Repurchase Program:
    Authorization Amount: The Company is authorized to repurchase up to $1 million of its common stock.
  • Execution: The Company may engage one or more investment banks and brokers to assist with the execution of the stock repurchase program.

UVeye Partners with Connexion to Automate GM Dealers' Loaner Fleet Inspections

Retrieved on: 
Wednesday, January 31, 2024
OnTrac, GM, OEM, General Motors, Documentation, NADA, Connexion, SMS, Car rental

TEANECK, N.J., Jan. 31, 2024 /PRNewswire/ -- UVeye, in collaboration with Connexion Mobility and General Motors, is set to improve the way GM dealerships manage their loaner and rental fleet operations. The integration introduces an elevated experience for rental and loaner customers, continuing to modernize and enhance customer service.

Key Points: 
  • The integration introduces an elevated experience for rental and loaner customers, continuing to modernize and enhance customer service.
  • Building on the success of the OnTRAC platform for loaner and rental fleet management, and UVeye's AI-powered inspection systems, this new solution improves the accuracy and efficiency of loaner fleet vehicle inspections for dealers.
  • The integration of OnTRAC and UVeye will not only streamline the loaner fleet process but also enhance the overall customer experience."
  • Connexion Mobility and UVeye will present this collaboration at a joint panel at the UVeye booth #2921W during the National Dealer Association (NADA) 2024 Show in Las Vegas.