Fleet Acquisition
The purchase of your fleet rental vehicles will be your biggest cost. The fleet acquisition decision between lease, buy and manufacturer repurchase can be complicated and overwhelming. This channel covers the latest news and tips regarding risk vehicles, buyback programs, funding, financing and loans for fleets of any size.
December 19, 2011 in Fleet Acquisition, Rental Operations
Avancar is Spain's largest car-sharing operator.
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November 21, 2011 in Fleet Acquisition
The acquisition of Citer SA and its subsidiary Atesa, further expands Enterprise Holdings’ presence in France and Spain.
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November 9, 2011 in Fleet Acquisition
The company reports that the process to acquire and integrate the UK car sharing company went 'smoothly,' and that more than 1,000 vehicles have been migrated into the Zipcar system.
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October 27, 2011 in Fleet Acquisition
While the company remains interested in obtaining FTC approval, Hertz announced Oct. 27 that it is withdrawing its exchange offer, which would have expired Nov. 1.
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September 12, 2011 in Fleet Acquisition
The exchange offer and withdrawal rights will expire Nov. 1, but no other aspect of the terms or offerings changed.
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September 2, 2011 in Fleet Acquisition
Final acquisition price of $177 million is lower than initial $255 million. Assumption of Donlen fleet debt is $770 million, $90 million more than original assumption.
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August 22, 2011 in Fleet Acquisition
Dollar Thrifty says it intends to solicit final proposals in early October.
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March 8, 2011 in Fleet Acquisition
Hertz will be adding 500 new Renault electric zero-emission vehicles to its fleet in Europe over the next two years. The planned lineup includes the Renault Fluence Z.E., Kangoo Z.E., Twizy, and ZOE vehicles.
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February 18, 2011 in Fleet Acquisition
Ace Rental Cars, which operates in Australia and New Zealand, will continue to operate under its existing brand as an independent subsidiary.
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February 8, 2011 in Fleet Acquisition, Remarketing
The two companies have expanded their partnership to begin offering Avis Budget Group vehicles on OPENLANE's Canadian auction site.
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Auto Focus Blog: A blog covering fleets, auto rental and the business of cars
After five years and 15,000 miles of driving per year, are there any hybrids that actually have a lower cost of ownership than their gas-engine counterparts? One unexpected vehicle takes the prize.
The federal government means business with its new law banning cell phone use while driving commercial vehicles. Can the laws go even further, and how should fleets react?
Arizona is one of a super minority of states in which auto rental companies are required by statute to pay for the negligent acts of their renters. Look for new legislation in the coming weeks that proposes to change that.
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