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Verra Mobility partners with rental car provider Locauto Group to bring a seamless electronic toll payment solution to drivers in Italy

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags
partnership

Verra Mobility (NASDAQ: VRRM) announced a partnership with Locauto Group on Jan 28, 2026 to offer an electronic toll payment solution across Italy. Drivers can opt in at 100+ Locauto rental locations to pay tolls automatically, bypassing tollbooths and cash payments.

The program covers Locauto, plus Enterprise, National and Alamo brands via Locauto's exclusive partnership, and expands Verra Mobility's European toll footprint alongside its processing of 300+ million annual toll transactions.

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Positive

  • Coverage in 100+ Locauto rental locations across Italy
  • Automatic toll payments reduce driver wait times and cash handling
  • Scale: 300+ million toll transactions processed annually by Verra Mobility

Negative

  • None.

News Market Reaction

-1.26%
1 alert
-1.26% News Effect

On the day this news was published, VRRM declined 1.26%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Locauto locations: 100+ locations Italian toll network length: 7,000 kilometers Toll motorways: 35 toll motorways +5 more
8 metrics
Locauto locations 100+ locations Rental sites in airports, rail stations, and city centers in Italy
Italian toll network length 7,000 kilometers Across 35 toll motorways in Italy
Toll motorways 35 toll motorways Part of Italy’s toll road network
Car rental market growth 5% annually Approximate growth rate of Italian car rental market
International visitors 70 million International visitors driving demand in Italy
Annual toll transactions 300 million+ Toll transactions processed annually by Verra Mobility
Vehicles served 7 million+ vehicles Global vehicles under Verra Mobility toll management
European countries covered 15 countries European toll and violation management footprint

Market Reality Check

Price: $18.59 Vol: Volume 773,865 vs 20-day ...
low vol
$18.59 Last Close
Volume Volume 773,865 vs 20-day average 1,130,119 (relative volume 0.68x) ahead of this news. low
Technical Shares at $20.03, trading below the 200-day MA of $23.55, 26.36% under the $27.20 52-week high and 2.67% above the $19.51 52-week low.

Peers on Argus

VRRM was down 2.44% while key peers were mixed: APLD up 12.49%, SAIC down 0.78%,...

VRRM was down 2.44% while key peers were mixed: APLD up 12.49%, SAIC down 0.78%, CNXC down 2.09%, INGM down 0.90%, PONY down 0.38%. With no peers in the momentum scanner and no same-day peer headlines, the move appeared stock-specific rather than sector-driven.

Previous Partnership Reports

5 past events · Latest: Nov 20 (Positive)
Same Type Pattern 5 events
Date Event Sentiment Move Catalyst
Nov 20 AutoKinex partnership Positive -4.9% Launch of AutoKinex in-vehicle payments and Stellantis nationwide tolling deal.
Jun 18 Oakland safety program Positive +0.0% City of Oakland partnership to deploy 36 speed cameras at high-risk locations.
Mar 18 Verizon Connect deal Positive +2.5% Strategic partnership to offer managed tolling and violation services to fleets.
Aug 20 Xtract partnership Positive +2.2% Collaboration to add near-real-time collision detection and incident management.
Jun 18 Bluedot EV charging Positive +1.4% Partnership enabling fleet EV charging and automated billing across U.S. stations.
Pattern Detected

Partnership announcements have generally coincided with modestly positive or flat next-day moves, with one notable negative reaction on the AutoKinex–Stellantis launch.

Recent Company History

Over the past 18 months, Verra Mobility has repeatedly used partnerships to expand its tolling, safety, and fleet services. Deals with Bluedot, Xtract, Verizon Connect, Oakland, and Stellantis broadened capabilities from EV charging and incident management to OEM in-vehicle payments. Average next-day move on these 5 partnership headlines was about 2.21%, suggesting such announcements have often been viewed constructively. Today’s Locauto agreement extends that strategy into Italian rental car tolling.

Historical Comparison

partnership
+2.2 %
Average Historical Move
Historical Analysis

In the past 18 months, VRRM issued 5 partnership announcements with an average next-day move of 2.21%. The Locauto tolling agreement continues the pattern of using collaborations to extend its payments and mobility ecosystem.

Typical Pattern

Partnerships have expanded from U.S. fleet and EV charging solutions to OEM in-vehicle payments and municipal safety programs, with the new Locauto agreement further extending tolling coverage into Italy’s rental car market.

Market Pulse Summary

This announcement adds another data point to Verra Mobility’s strategy of expanding tolling and mobi...
Analysis

This announcement adds another data point to Verra Mobility’s strategy of expanding tolling and mobility services via partnerships. The Locauto deal taps into Italy’s 7,000 kilometers of toll roads and a rental market growing about 5% annually, supported by over 70 million international visitors. Combined with the company’s more than 300 million annual toll transactions for over seven million vehicles, investors may watch how quickly this agreement scales volume within its existing European network of 15 countries.

Key Terms

electronic toll payment, electronic tolling, toll management, violation processing, +1 more
5 terms
electronic toll payment technical
"to offer an electronic toll payment solution across Italy."
Electronic toll payment is a system that charges drivers for road or bridge use automatically using a small in-vehicle device, an app, or license-plate recognition instead of cash at a booth. Think of it like an automatic subscription or autopay for road use that records each trip and bills the account without stopping. It matters to investors because it creates steady fee-based revenue, lowers operating costs, improves traffic flow, and generates valuable usage data that can affect the profitability and valuation of transportation, payment and technology companies.
electronic tolling technical
"By implementing electronic tolling, Locauto's rental car users can now access better"
Electronic tolling is a system that charges vehicles automatically as they pass a sensor or camera, using transponders, license-plate cameras, or mobile apps instead of cash booths. For investors it matters because it changes how quickly and cheaply tolls are collected, improves revenue visibility like switching from coin jars to automated billing, and creates data and technology risks or opportunities that can affect costs, traffic management, and long-term income.
toll management technical
"Verra Mobility provides end-to-end toll management and violation processing solutions"
Toll management is the running and oversight of tolled roads, bridges, or lanes, including collecting fees, maintaining the facilities, setting or implementing pricing, and operating the payment and enforcement systems. For investors it matters because toll networks convert vehicle trips into steady income—similar to a subscription service for a road—so changes in traffic, toll rates, regulation, or upkeep costs directly affect future revenue and investment risk.
violation processing technical
"end-to-end toll management and violation processing solutions for customers"
The process of detecting, reviewing and resolving breaches of trading, reporting or regulatory rules by market participants, such as irregular trades, late filings, or margin shortfalls. It matters to investors because it enforces fair play and market reliability—like a referee or traffic officer clearing or canceling problematic actions and assigning penalties—so outcomes can affect trade validity, settlement timing, stock prices and the risk of fines or reputational damage.
toll transactions technical
"The company automatically processes more than 300 million toll transactions annually"
Toll transactions are deals where one business pays another a fee to process, refine or manufacture a material or product using the second company’s equipment and staff, while the paying company keeps ownership of the input and output. Like hiring a kitchen to bake your recipe, tolling lets the buyer avoid owning costly factories and shifts some operating costs and risks to the service provider; investors watch them for predictable fee income, lower capital needs, and potential margin stability or concentration risk.

AI-generated analysis. Not financial advice.

Partnership enables frictionless electronic toll payments across Italy, so drivers can continue their journey without having to stop and pay

AMSTERDAM, Jan. 28, 2026 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today a partnership with Italian rental car company Locauto Group to offer an electronic toll payment solution across Italy. Drivers can easily opt in to the program in all 100+ Locauto rental locations - covering airports, railway stations and major city centers - during the vehicle rental process to automatically pay tolls electronically, bypassing tollbooth lines and eliminating the need for cash. In addition to the Locauto brand, Locauto also operates the Enterprise, National and Alamo brands through an exclusive partnership agreement with Enterprise Mobility.

Drivers can opt in to the frictionless electronic toll payment program in all 100+ Locauto rental locations in Italy.

Italy operates one of Europe's largest toll road networks, with more than 7,000 kilometers across 35 toll motorways supporting nationwide travel. As the Italian car rental market grows at approximately 5% annually, driven by more than 70 million international visitors, demand for electronic toll payment solutions continues to accelerate.

"By implementing electronic tolling, Locauto's rental car users can now access better 'fast lanes,' creating a safer and seamless tolling experience across all roadways in Italy," said Tsjerk-Friso Roelfzema, Senior Vice President and General Manager for Verra Mobility Europe. "As we've seen in other European markets, electronic tolling saves drivers time and frustration and solves pain points for rental car companies.

"Locauto has always been committed to delivering innovative solutions that simplify and enrich the rental experience for our customers," said Raffaella Tavazza, Locauto Group CEO. "We immediately recognized the added value that Verra Mobility's solution brings, and we are thrilled to leverage this partnership to further elevate the customer experience across all our rental locations in Italy."

Verra Mobility provides end-to-end toll management and violation processing solutions for customers in North America and Europe. The company automatically processes more than 300 million toll transactions annually for more than seven million vehicles globally. Its proprietary tolling management software allows for tolls to be matched to a specific vehicle plate and driver for payment collection.

Verra Mobility partners with toll and licensing authorities and other key stakeholders to provide toll and violation management services across 15 European countries.

For more information about Verra Mobility's European toll management solutions, visit: www.verramobility.com/european-solutions

About Verra Mobility

Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data and people to enable safe, efficient solutions for customers globally. Verra Mobility's transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility and support healthier communities. The company also solves complex payment, utilization and compliance challenges for fleet owners and rental car companies. Headquartered in Arizona, Verra Mobility operates in North America, Europe, Asia and Australia. For more information, please visit www.verramobility.com.

Forward Looking Statements

We describe initiatives that drive our business and future results in this press release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes or anticipates will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties that can affect our performance in both the near-and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this press release can or will be achieved. These forward-looking statements should be considered in light of the information included in this press release, our Form 10-K and other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.

Additional Information

We periodically provide information for investors on our corporate website, www.verramobility.com, and our investor relations website, ir.verramobility.com.

We intend to use our website as a means of disclosing material non-public information and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following the Company's press releases, SEC filings and public conference calls and webcasts.

Media Relations:                                                                     

Investor Relations:

Eric Krantz                                                                                 

Mark Zindler

eric.krantz@verramobility.com                                                   

mark.zindler@verramobility.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/verra-mobility-partners-with-rental-car-provider-locauto-group-to-bring-a-seamless-electronic-toll-payment-solution-to-drivers-in-italy-302673114.html

SOURCE Verra Mobility

FAQ

What did Verra Mobility (VRRM) announce on January 28, 2026 about Italy toll payments?

Verra Mobility announced a partnership with Locauto to enable electronic toll payments in Italy. According to the company, drivers can opt in at 100+ Locauto locations to pay tolls automatically and avoid tollbooth stops.

How can Locauto rental customers use the Verra Mobility toll payment solution in Italy?

Customers can opt in during the vehicle rental process at Locauto locations to enable automatic toll billing. According to the company, the opt-in is available across >100 locations including airports, stations and city centers.

Which rental brands are covered by the Verra Mobility and Locauto partnership for Italy tolling?

The program covers Locauto and, via Locauto's exclusive partnership, the Enterprise, National and Alamo brands in Italy. According to the company, all affiliated rental locations can offer the opt-in toll service.

What is the scale of Verra Mobility's toll processing that supports the Italy rollout?

Verra Mobility processes more than 300 million toll transactions annually for over seven million vehicles globally. According to the company, that scale underpins its end-to-end toll management in Europe, including Italy.

How will the Verra Mobility-Locauto solution affect drivers' experience on Italian toll roads?

The solution lets drivers bypass tollbooth lines and avoid cash payments for a smoother journey. According to the company, electronic tolling creates faster lanes and reduces time and friction for rental customers across Italy.
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