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Volkswagen Group China and eHi Car Services sign MOU to explore luxury mobility-on-demand services in China

BEIJING/SHANGHAI – Volkswagen Group China and eHi Car Services Ltd., a leading car rentals and car services provider in China, have signed a Memorandum of Understanding to jointly explore luxury mobility-on-demand services in China, the two companies said in statements on September 29. Both parties will leverage innovative technologies, rapidly

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China Auto Rental announces Cloud Strategy and partnership with David Beckham

BEIJING – China Auto Rental Holdings, Inc. (CAR), China’s largest car rental service provider, announced here on June 23 its Cloud Strategy, the focus of a five-year plan action involving implementation of technology RD, product design and service optimization. It also reached a partnership agreement with soccer star David Beckham,

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Enterprise Holdings enters China with strategic investment in eHi Auto Services

ST. LOUIS – The parent company of Enterprise Holdings announced on March 29 that it is making a strategic investment and reaching a global affiliation agreement with China-based eHi Auto Services, marking its official entry into the Chinese auto rental market. The investment and agreement, representing an approximately 15 percent

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Beijing’s auto restriction policy prospers vehicle rental market

BEIJING – Beijing’s car rental market boomed during this past Chinese Spring Festival holidays. At the end of 2010, the city issued an auto restriction policy to tackle traffic gridlock. Prospective car buyers now need to submit applications and participate in a lot-drawing to get quotas. Zealous consumers went crazy

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