Hints and tips:
...But it would be odd indeed if rental inflation did not converge to current market rents eventually....
...Hertz, the iconic car rental company, had a debt pile of over $20bn, and its debt was unusually unstable. To borrow money it used its fleet of cars and trucks as collateral....
...Car rental company Hertz is an eager buyer of electric, with 100,000 Teslas on order and news today that it will purchase 65,000 cars from Swedish electric-car maker Polestar over the next five years....
...EV numbers have increased at a faster rate since 2014 than the total number of cars and trucks on the platform....
...It was the first-of-its-kind order for 100,000 vehicles from rental car company Hertz that pushed Tesla’s value over the $1tn bar last week (though Musk later tweeted that no contract had been signed)....
...The move came hours after Hertz announced the Tesla deal in a push to electrify its fleet of rental cars....
...These lots hold dozens of sound stages as well as outdoor streets built as generic backdrops for shows, wardrobe and catering trucks, post-production spaces and offices....
...car rates and used car prices....
...One thing to start: New York hedge fund SRS Investment Management stands to make billions of dollars on a sudden leap in the shares of Avis Budget, the once ailing rental car company that catapulted like...
...Next week we spend the whole episode on the likely repeal of Roe v Wade and the right to abortion in America....
...“We’ve been reserving water and we will use rental water trucks to support our use if necessary,” company CFO Michael Shen said in an earnings call....
...The business acts as a broker connecting large companies to a network of truck drivers....
...My giant rental pick-up truck bounces over mud canyons as I pull up at the base station — a big tent next to a shipping container....
...The coronavirus pandemic has brought nothing good for companies like retailer Neiman Marcus and car rental outfit Hertz....
...We get in my car and he directs me along a long gravel track behind the camp to where the clear waters of the Coachella Canal flow fast through a V-shaped concrete channel, water destined for the swimming...
...Business groups and think-tanks are making a mistake to cast Uber v London as a totemic fight to preserve capitalism....
...Clown car maker Aston Martin needs more money....
...on the rental car canary in the coal mine — FT AlphavilleUber, the urban planner — FT Alphaville...
...Mr Khosrowshahi has vowed to keep investing in new ventures as part of his aim to make Uber a transportation hub for car rides, bike and scooter rentals and even public transit, reminding investors that...
...Now, it’s not certain that the tax bill will raise total tax costs for rental-car companies, the analysts note....
...Under pressure from activist investors Hertz moved to spin off its truck and construction equipment rental business in 2014....
...A version of this article was first published by the Nikkei Asian Review on November 27. ©2017 Nikkei Inc. All rights reserved....
...Car rental companies like Hertz and Avis have come under pressure as the US auto market has cooled....
...You could say the rental business isn’t really about renting cars. It’s about borrowing money and selling used cars, while renting them in the interim....
...“The pitch was always that Amazon is a trade off between rising physical store rental costs and structurally declining technology costs,” he says....
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