Apr 25, 2013 04:27 PM

China Auto Rental Slips into Top Gear

By staff reporters He Chunmei and Yu Ning

(Beijing) – China Auto Rental Holdings Inc. (CAR), the largest car rental company in the country, recently eased into the fast lane.

CAR, which accounts for 70 percent of the car rental business by market share, said on April 16 it signed a deal with Hertz Corp., a subsidiary of Hertz Global Holdings Inc., the second-largest U.S. car rental company.

You've accessed an article available only to subscribers

Subscribe today for just $.99.

VIEW OPTIONS

Share this article

Open WeChat and scan the QR code

GALLERY

: Gallery: Powerful Quake Strikes Off Japan

PODCAST

China Business Uncovered Podcast: Inside the Fall of ‘China’s LVMH’

00:00

00:00/00:00

MOST POPULAR

1: Cover Story: China Targets Income Growth to Rebalance Its Economy

2: Top AI Conference Tightens Sanctions Compliance, Snaring Chinese Tech Giants

3: Exclusive: Wahaha Halts Production Amid Control Reshuffle

4: Exclusive: Stranded Chinese Container Ships Begin Crossing Strait of Hormuz

5: U.S. Court Orders Seizure of $29 Million in Art From South Beauty Founder Zhang Lan