An Approach to Alternative Fuel Vehicle Rentals As one of the leading car rental companies, Lotus car rental is in a position to take advantage of a great opportunity. This is an opportunity to be one of the first car rental companies to provide our consumers with alternative options to fuel-powered vehicles, and to rise above the competition. Adding alternative fuel vehicles to our car rental fleet will increase our car rental turnover and improve the company's image to consumers. In this presentation, we will demonstrate that adding alternative fuel vehicles to our fleet of rental cars will reap tremendous rewards. This presentation will provide you with the advantages of providing alternative fuel vehicles and a cost benefit analysis. At the end of this presentation, you will see that alternative fuel vehicles will not only lower operating costs, but will also provide a new perspective on marketing campaigns and will set us apart from our competition. With the rising cost of gas prices continuing to increase on a daily basis, renting a car is fast becoming a greater expense to business travelers and family vacations. Driving cross-country for the summer with the entire family is quickly becoming a thing of the past due to the expense. Business travelers and families can no longer afford to rent larger vehicles. Their only option is to settle for a smaller car or pay at the pump. At current gas prices, a 3,500- mile adventure would cost the consumer $7,140.00 in gas in a Chevrolet Astro, a common rental minivan. That is $206 more than the cost of the trip in an Oldsmobile Alero, a typical "midsize" car. For a family of four, the savings is almost enough to pay for an additional day of vacation. AAA surveys show families sp... ... middle of paper ... ...am.com/library/doc3.asp?DOCID=1G1:16369632&ctrlInfo=Round18%3AMode18c%3ATYF%3Acontinue. Retrieved November 17, 2005. "Tax Incentives for Electric and Clean-Fuel Vehicles." 14 Oct. 2003. http://www.fueleconomy.gov/feg/tax_afv.shtml. Retrieved November 17, 2005. Simon, J., Iglehare, K., (1997, December). Alternative Fueled Vehicles Bring a Breath of Fresh Air. Retrieved November 12, 2005, from http://greenprints.org/home/sfpubs/sfjv497/alternat.html Survey - Toyota Prius. 22 reviews conducted on 2001-2005 year model cars. Survey provided by http://www.carreview.com/mfr/toyota/midsize-compact/PRD_54438_1531crx.aspx#reviews Simon, J., Iglehare, K., (1997, December). Alternative Fueled Vehicles Bring a Breath of Fresh Air. Southface Journal of Sustainable Building, Volume 4, Retrieved document on 11/12/05. http://greenprints.org/home/sfpubs/sfjv497/alternat.html
Increasing environmental awareness, coupled with a responsible American government and improved technology, have all contributed to the comeback of low-and zero-emissions vehicles in the US. It remains to be seen whether the automakers and oil companies will once again work to halt this progress, or embrace it as the technology of a more responsible future.
I am a husband and a father of four lovely children. We need a large vehicle to haul all of us around town. And of course I would do anything to keep them safe and I always want to provide them with the best. Therefore, after the birth of our fourth child two and a half years ago, my wife and I decided to upgrade our Ford Explorer to a Ford Expedition. We got everything from the side-curtain airbags to the TV and DVD player. What we did not know was we also purchased a rather large unleaded gas bill. The first time we filled the tank it cost us roughly $35; today it costs us right around $75 to fill the tank. Obviously the price of gas has increased significantly in the last two years. The price increase is due to a fluctuation in the supply and demand of not only gasoline but also crude oil, which is needed to manufacture gasoline. In addition, several other factors are influencing a change in the price of gasoline.
“Americans’ Love Affair with Cars, Trucks and SUVS Continues.” USA Today. USA Today, 30 August 2003. Web. 5 January 2012.
Business travelers who spend much of their time in the car (like real estate sales agents)
They have over 11,555 worldwide rental car locations and are at the point where they can cover their short-term liabilities with cash flow from their operations. Hertz’s adjusted earnings per share increased 77.1% meaning that their market value has increased. Their revenues increased by 34%, while they had a cumulative cost savings of $3 billion (Hertz Annual Report, 2013). This demonstrates that Hertz has the financial resources and the access to markets that they need. Hertz has successfully integrated their ExpressRent kiosks in more than 48 markets and their eReturn option for Hertz Gold loyalty program members, in which they have the ability to choose the Hertz ‘Fuel Purchase Value Option’ that lets them automatically buy a full tank at the start of the rental, so they can turn in the car with the gas at any level and not have to worry about filling up on the way to the
Roth, Sammy. "Why Move Beyond Natural Gas." Sierra Club. Sierra Club, 15 Aug. 2013. Web. 25 Nov. 2013.
...rther then the end of 2010, the introduction of the electric car is not far to come. With proper government regulations and consumer knowledge, adoptability of the electric car is possible. However, one can drastically differ in opinion as to why the required elements to support such a vehicle were not readily planned to facilitate such a change. The inadequacies draw wavering concerns for both consumers and business looking for the return of value and profit. The larger picture needs to be remembered in which oil is not a renewable resource and results in pollution and environmental hazard. Consumers and business must work together to overcome the roadblocks down the road and support each other in the introduction of and future of the electric car. Adjustments will have to be made on both sides to ensure success and minimize the society and economy disruptions.
“What we need to do is really improve energy efficiency standards, develop in full scale renewable and alternative energy and use the one resource we have in abundance, our creativity.” (Lois Capps) There are many ways we can utilize our abundance of creativity. Some have yet to be discovered, but some are being sought out today. One of these is the rise of the electric car. Despite a rough start competing with petroleum cars, electric cars will see a spark in popularity in the automotive market within the next few years with new models being developed and more charge stations being installed world wide. With more efficient ways of harvesting energy, the electric car will see more practical use and make its way into the lives of the average
Most American cars are not hybrids or fuel-efficient, they are usually big SUV’s or trucks that get eighteen to ten miles per gallon. Most of Hondas, Toyotas, and Hyundai’s get around 20 to 30 miles per gallon, and hybrids get 50 miles per gallon. Peoples demand fuel-efficient cars because oil is i...
Being a member of the future generation of innovators and leaders, I feel that this research combined with my fascination of automobiles could lead to a clearer understanding of how I can help improve the automobile. In a world that is highly connected by roads, if the problem of using petroleum-based fuels is not solved, the entire gas-guzzling world could come to a standstill. This apocalyptic halt would cease all travel and we would be thrown back to a more primitive standing. However, if we research and find an alternative ahead of time, we would be able to transiti...
Automobiles play an essential role in American society. As if being the major means of transportation was not impressive enough, automotives can be seen on T.V., in movies, in magazines, and can sometimes be indicative of a person’s wealth and social status. On average, Americans drive nearly 40 miles and drive for just over 50 minutes driving per person per day (http://www.bts.gov). That means a person spends roughly one-sixteenth of a day driving. It would make sense, then, to make such an essential part of society as efficient, cost effective, and clean as possible. However, that is not the case. As the years have passed cars have actually begun to move away from efficiency. Hawken writes, “[The automobile] design process has made cars ever heavier, more complex, and usually costlier. These are all unmistakable signs that automaking has beco...
With a gasoline-fueled vehicle, buying gas to operate your car is a never-ending process. With the high price change of gasoline and oil, operating a gasoline-fueled vehicle tends to be very costly. While there are some types of small gasoline vehicles that get much better gas mileage than larger vehicles, even the most powerful gasoline cars will normally desire a contribution every month. According to some experts the only way a mainstream market for green vehicles wills materlize is with a pronounced and prolonged rise in fuel prices. (Buss, 4)
Baker, O. “Car-emission standards improve rural air.” Science News. 25 Sept. 1999. FindArticles.com. Online. Internet. 24 May 2001.
In this case study I will be discussing advantages and disadvantages of electric cars. Electric cars are cars that are powered by electricity. Electric vehicles are an important part of cutting emissions and reducing global warming. The battery of an electric car stores electrical energy. The electric motor is coupled to the wheels through gears; it converts 59-60% of electrical energy into the wheels. The battery runs the motor which allows the car to move. Electric cars are necessary as they will save money, because electricity is cheaper than gas. Also electric vehicles will help reduce global warming and pollution. However, some people say that electric cars still have environmental costs. The electricity used to recharge EV batteries has to come from somewhere in the world, and now, most electricity is generated by burning fossil fuels. Although electric vehicles are classified as green cars, purists will not appreciate the toxicity of the batteries.
" The Business History Review 76.1 (2002): 75-110. Web. Kutz, Myer. Environmentally Conscious Transportation.