Collision-Related Rentals: Canada’s overall LOR down 1.2 days over Q3 2023; P.E.I. marks six-day drop, says Enterprise report
Ottawa, Ontario — Canada’s overall length of rental (LOR) for collision-related rentals in Q3 2024 was 15.1 days—a 1.2-day decline from Q3 2023, according to a new report from Enterprise Rent-a-Car. This mirrors the U.S. LOR decline also seen in Q3 2024, which also observed a 1.2-day decline to 16.3 days. When it comes to […]
Shifting Gears: Nearly half Gen Z drivers report driving more than five years ago, says Enterprise Mobility Survey
Toronto, Ontario — Nearly half of Gen Z drivers and 41 percent of driving millennials report that they drive more than they did five years ago, according to a recent Enterprise Mobility Survey. Some Gen X and baby boomer drivers reported they, too, are driving more, with 33 percent and 16 percent saying they get […]
An LOR Lowdown: Q2 2024 length of rental down slightly from Q2 2023, says Enterprise
Ottawa, Ontario — The Canada-wide length of rental (LOR) for collision-related rentals in Q2 2024 was 15.5 days, marking a 1.3-day decline from the same quarter of 2023 but an increase compared to pre-pandemic levels, according to Enterprise’s most recent LOR report. Alberta reported the highest LOR at 17.3 days, a 0.3-day increase. It was […]
An Enterprising Event: Enterprise Mobility holds annual golf tournament, raises funds in support of Food Banks Canada and Enterprise Mobility’s Fill Your Tank program
King City, Ontario — Enterprise Mobility held its annual golf event on Tuesday, where stakeholders from the Canadian collision industry teed off in support of Food Banks Canada and Enterprise Mobility’s Fill Your Tank program. The charity golf event served as a platform to raise funds and awareness toward alleviating hunger in Canada. With the […]
Half Day: Average length of rental for Q4 2023 was 0.6 days lower than Q4 2022
Toronto, Ontario — The fourth-quarter 2023 overall average length-of-rental for collision-related car rentals was 16.4 days–just over a half-day lower than Q4 2022’s average LOR. Of all the provinces, Ontario had the highest LOR at 18.1 days, followed closely by Alberta at 17.1 days. Comparatively, Prince Edward Island (P.E.I) had the lowest LOR record at […]
An Enterprising Examination: Enterprise Q3 2023 data reveals effects of severe summer storms on total loss claims
Toronto, Ontario — Enterprise has recently released Q3 2023 data that reveals the overall collision-related length of rentals (LOR) in Q3 2023 is 16.3 days, a slight decrease from Q3 2022. Newfoundland and Labrador touts the lowest LOR across the country, according to Enterprise data, at 14.1 days—a full two days shorter than the second-shortest […]
Going for the Goal: Enterprise, NHL and NHLPA renew North American partnership
Toronto, Ontario – In a recent announcement made by Enterprise Holdings, the company revealed it will continue its partnership with the NHL and NHLPA. The company, which has been an NHL and NHLPA sponsor since the 2009 to 2010 hockey season, will continue to be the official rental car partner of the NHL and NHLPA, […]
On Track with Trends: Length of rental drops from 18.1 days to 16.8 days in Q2, Enterprise report says
Toronto, Ontario — New report, same problems—supply chain disruptions and parts and labour shortages have led to slightly longer rental periods for drivers across much of the country, according to Enterprise’s Q2 length of rental report. On a national scale, LOR increased by 0.8 from 16 to 16.8 days in 2023. This rate falls in […]
A Spark of Solidarity: Rising LOR and repair complexity demand industry alignment, Enterprise Q4 report says
Toronto, Ontario — Enterprise published its length of rental report for Q4 2022 on Tuesday, with results that, in one respect point to pre-pandemic levels of stability, but otherwise bear much of the same disheartening news as LOR reports of the recent past. Enterprise says that despite an average length of rental (LOR) increase of […]
Lost in the LOR: Staffing shortages, parts availability continue to boost LOR nationwide, report says
Toronto, Ontario — Enterprise has released its Q3 Length-of-Rental report which, in spite of an impressive bout of perseverance in Alberta amid several severe weather events, Canada has seen an overall increase in rental periods across the board. Nationally, rental periods increased by 5.1 days from 11.4 in 2021 to 16.5 days over the same […]