Enterprise CEO says rental car prices have moderated as supplies have improved but remain high

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Enterprise CEO says rental car prices have moderated as supplies have improved but remain high
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When Enterprise started to see automobile supply problems after the pandemic hit in 2020, the car and truck rental, fleet management and mobility company decided to cater to its long-term customers.

Chrissy Taylor, CEO of the newly renamed Enterprise Mobility, emphasized rentals to businesses and insurance companies with clients whose cars were damaged in crashes.

Taylor talked with The Associated Press about where her business is headed, the resurgence in travel, and rental prices. The answers have been edited for length and clarity. Q: Rental vehicles got very expensive when the pandemic hit. Have prices stayed high and what do you see in the future?

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