Car Rental Companies Boost Profit and Reduce Costs by Understanding Location of Their Fleets
Guidepoint's SVL Lite system helps car rental companies boost profit margins. Whether they cater to local customers or travelers picking up rental vehicles at airports, car rental companies throughout North America are using theft recovery technology to boost daily utilization of their fleets and cut losses when cars aren’t returned on time. The typical company can recoup its investment in easy-to-install wireless theft recovery systems in a matter of months, said Anne Taylor, sales representative for the rental car segment of Guidepoint Systems Inc. Whether they operate a small local market rental fleet or a large airport rental fleet, car rental managers incorporate our technology because they have a problem,” said Taylor, a 20-year veteran of the vehicle rental industry. “Solving that problem always boils down to making sure they can pinpoint exactly where their vehicles are – at any day and time. It’s all about reducing risk.” Car rental personnel are able to mo...