Penske Sprint short-term rental program halted after lower than a 12 months



Brief-term rental service Penske Sprint mentioned it's ceasing its operations in Washington, D.C., and Arlington, Va., as a consequence of long-term uncertainties ensuing from the COVID-19 pandemic.

Penske Sprint a three way partnership between Penske Corp. and Penske Transportation Options joins a slew of mobility companies which might be going through monetary smash amid the coronavirus outbreak.

Penske Sprint launched final fall and operates solely within the two cities. In a press release on its web site, Penske Sprint mentioned the enterprise was no exception to the various corporations going through the ripple results of the pandemic that "prolong far and broad and have affected many companies' means to serve and assist their prospects."

Penske Sprint mentioned its final day of service shall be Friday, April 10. Throughout its last two weeks in operation, fewer automobiles shall be out there for lease, the corporate mentioned within the assertion.

The corporate's fleet of Volkswagen Jetta SEs might be rented for any time frame till the top of operations.

Penske Sprint was...



Supply Autonews.com



Source marketwatch.com