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 […]
Committee Clout: CIECA unveils 2021 award winners at SEMA Red Carpet Awards Breakfast
Toronto, Ontario — Sharing its spot on the red carpet with its valued members, CIECA unveiled its 2021 award winners at SEMA this month. CIECA recognized the four award winners at the SEMA Red Carpet Awards Breakfast on Nov. 3. The award for Electronic Commerce Company of the Year was given to Car-Part.com, and accepted […]
Fused Fleets: Enterprise and Microsoft plan connected car tech in U.S. fleets, coming soon to Canada, U.K.
St. Louis, Missouri — Enterprise Holdings is working alongside Microsoft to bring connected car tech to Enterprise’s rental vehicles in the United States, coming shortly thereafter to Canada and the United Kingdom. Enterprise has already implemented the technology for hundreds of thousands of vehicles, with as many as 350,000 vehicles set to be connected by […]
Short-Term Rentals: Enterprise releases Length of Rental report, billed days down
Toronto, Ontario — Enterprise Rent-a-Car unveiled an updated map outlining the average length of car rentals, by province, in a press release on Wednesday. These latest figures from Enterprise reflect an across the board decrease in length for rental terms in Canada. Ontario, followed by Newfoundland and Labrador, showed the most notable change in the […]
Renter Reluctance: Enterprise report says lengths of rentals are down due to fewer claims
Toronto, Ontario — In the effort to take stock following a remarkably unpredictable year, Enterprise Rent-a-Car published a report on Tuesday outlining the company’s findings on the length of rentals in Q1 of 2021 as compared to those of the same quarter in 2020. In a report encompassing every Canadian province, minus British Columbia, Saskatchewan […]