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.
May 5, 2010 in Fleet Acquisition
ROUSH's propane-fueled E-Series vans can help fleet managers meet the airport's new fuel requirements. The ROUSH liquid propane injection system works on the Ford E-150, E-250 and E-350 chassis with the 5.4L, V-8 engine. Each has been EPA certified, with CARB (California Air Resources Board) approval pending.
Read more...
By Chris Brown , May 2010 in Fleet Acquisition, Fleet Insurance, Legislative, Rental Operations, Remarketing
As the industry emerges from the recession, auto rental executives, operators and other professionals met at this year’s show ready to tackle the issues of fleet financing, lifecycle management, remarketing, utilization and no-show fees.
Read more...
By Tim Yopp and Mark Eckhaus, May 2010 in Fleet Acquisition
Repurchase programs are still available to small- and medium-sized rental companies. For the uninitiated, here’s how they work and when they work best.
Read more...
April 26, 2010 in Fleet Acquisition
The deal will give Hertz an additional 1,550 locations worldwide and a total of 9,800 across six continents. Under the terms of the deal, Hertz will pay $41 a share, a 19 percent premium over Dollar Thrifty’s 30-day average stock price. The offer is 80 percent cash and 20 percent stock.
Read more...
April 23, 2010 in Fleet Acquisition
Online-car shoppers will be able to compare Hertz's vehicle prices with the Kelley Blue Book Suggested Retail Value and search for Hertz inventory on KBB's online-car shopping site The Trusted Marketplace.
Read more...
April 23, 2010 in Fleet Acquisition
ADESA, KAR's whole car auction services business, had a 30 percent increase in sales in 2009 compared to the year-ago period. Additionally, the holding company’s salvage auction services business, Insurance Auto Auctions (IAA), experienced a 9 percent growth in online sales volumes in 2009 compared to the year-ago period.
Read more...
April 23, 2010 in Fleet Acquisition, Rental Operations
He will be responsible for developing and implementing Hyundai's first commercial-corporate fleet group. Previously, He was the national manager of Toyota Financial Services’ sales and marketing commercial finance division, where he was responsible for sales and marketing groups of more than 20 individuals, generating annual sales in excess of $300 million.
Read more...
April 14, 2010 in Fleet Acquisition
The transaction provides the company with the funding to complete expected fleet purchases, DTG’s President and CEO Scott L. Thompson said. "It also confirms that the company is again able to access vehicle financing at competitive rates and enhancement levels and highlights our plan to lower the overall interest carry cost of our fleet consistent with our focus on return on assets," he added.
Read more...
March 24, 2010 in Fleet Acquisition
Kelley Blue Book data shows Toyota brand consideration rebounds higher than pre-recall levels.
Read more...
March 24, 2010 in Fleet Acquisition
Industry recovery regains traction as both retail and fleet sales levels improve.
Read more...
Newsletter: Sign up to receive latest news, articles, and much more.
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.
Job Finder: Access Top Talent. Fill Key Positions.