Car rental

The Board of Loomis has resolved to repurchase shares

Retrieved on: 
Tuesday, January 30, 2024
Nasdaq Stockholm, Car rental

STOCKHOLM, Jan. 30, 2024 /PRNewswire/ -- The Board of Directors of Loomis AB has resolved to repurchase shares by virtue of the authorization granted by the annual general meeting 2023.

Key Points: 
  • STOCKHOLM, Jan. 30, 2024 /PRNewswire/ -- The Board of Directors of Loomis AB has resolved to repurchase shares by virtue of the authorization granted by the annual general meeting 2023.
  • The repurchase may commence on February 1, 2024, end not later than on April 5, 2024, and comprise an amount up to a maximum of SEK 200 million.
  • Danske Bank A/S, Danmark, Sverige Filial will administrate the repurchase and based on the trading order given by Loomis, take trading decisions independently of Loomis with regards to the timing of the acquisitions.
  • The total number of shares in Loomis, including the company's own shares, amounts to 75,279,829.

FOUR KIA MODELS WIN A 2024 BEST CARS FOR THE MONEY AWARD FROM U.S. NEWS & WORLD REPORT

Retrieved on: 
Tuesday, January 30, 2024
Weather, Kia, Gasoline, Forward, EPA, HEV, NBA, SUV, Sleep, Photography, Temperature, Multimedia, LED, Kia Soul, ADAS, News, Kia Telluride, Safety, FWD, Smart key, Money, MPG, PHEV, Advanced driver-assistance system, EVP, Car rental

IRVINE, Calif., Jan. 30, 2024 /PRNewswire/ -- U.S. News & World Report has recognized the Kia Telluride (best 3-row SUV), Sportage Hybrid (best hybrid SUV), Sportage Plug-in Hybrid (best plug-in hybrid SUV) and Kia Soul (best subcompact SUV) in its "Best Cars for the Money" awards for 2024. The annual awards include 11 automotive categories, highlighting cars and SUVs that represent the best combination of quality and value in their respective categories over time. Quality is determined by credible automotive reviews based on factors such as comfort, tech features, fuel economy, safety and reliability. Value is measured by calculating real-time transaction prices and five-year total cost of ownership.

Key Points: 
  • IRVINE, Calif., Jan. 30, 2024 /PRNewswire/ -- U.S. News & World Report has recognized the Kia Telluride (best 3-row SUV), Sportage Hybrid (best hybrid SUV), Sportage Plug-in Hybrid (best plug-in hybrid SUV) and Kia Soul (best subcompact SUV) in its "Best Cars for the Money" awards for 2024.
  • "Four Best Cars for the Money awards from U.S. News & World Report reflect Kia's world class model lineup," said Steven Center, COO & EVP, Kia America.
  • We are honored to claim four Best Cars for the Money awards."
  • "Kia stands out as a top brand for car buyers that prioritize quality and value," said Jim Sharifi, managing editor of U.S. News Best Cars.

SitePro™ Rentals Opens in Shreveport, Continues Construction Equipment Expansion in Louisiana

Retrieved on: 
Monday, January 22, 2024
Learning, Dallas–Fort Worth metroplex, Growth, Car rental

Dallas, TX, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Today SitePro™ Rentals announced the opening of their latest branch in Shreveport, Louisiana.

Key Points: 
  • Dallas, TX, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Today SitePro™ Rentals announced the opening of their latest branch in Shreveport, Louisiana.
  • The nearly 8,000 square foot facility on over three acres of land, will service construction professionals in Northern Louisiana and East Texas surrounding areas.
  • “This location will help us connect our branch network in Texas and Louisiana with our other branches in the southeast allowing us to share construction equipment fleet more efficiently and better serve our rapidly growing customer base,” said John Hiatt, Chief Operating Officer of SitePro Rentals.
  • Located at 6891 Patrick Lane in Shreveport (71129), this site will be the 16th location opened by SitePro since its founding in 2021.

Canoo Delivered Electric Vehicles to Kingbee

Retrieved on: 
Wednesday, January 17, 2024
Acquisition, Safety, EV, Inc., Car rental

Canoo Inc. (NASDAQ: GOEV), a leading high-tech advanced mobility company, today announced Kingbee, a national work-ready van provider, will begin using Canoo LDV 130 vehicles in its fleet.

Key Points: 
  • Canoo Inc. (NASDAQ: GOEV), a leading high-tech advanced mobility company, today announced Kingbee, a national work-ready van provider, will begin using Canoo LDV 130 vehicles in its fleet.
  • Canoo delivered vehicles to Kingbee consistent with its schedule as part of a phased ramp-up manufacturing approach in Oklahoma City.
  • This is what distinguishes our vehicles and provides a competitive edge for commercial fleet companies.”
    As part of the agreement, Kingbee will purchase 9,300 Canoo vehicles with an option to increase to 18,600 vehicles, subject to availability.
  • Kingbee will upfit, custom wrap, and deliver Canoo vehicles as work-ready fleet solutions for companies across the United States.

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 .