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.


New Leasing Service Available to Rental Companies

The Bancorp’s new subsidiary, TBBK Direct Leasing, will serve as a fleet leasing and management company to small and mid-size commercial and rental fleets in the New Jersey, New York, and Connecticut markets.

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Ford's 2017 Fleet Preview

Several MY-17 Ford vehicles were available to drive on eight different test tracks at the preview’s drive experience. Preview attendees included 900 of Ford’s top commercial, government, and rental customers.

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BMW Names Fleet Sales Head For North America

BMW has named David Duncan to head of corporate and special sales for the automaker in a role that oversees corporate fleet sales, executive allowance sales, and daily rental sales. The appointment is effective May 1.

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AutoNation Won’t Sell or Lease Vehicles With Safety Recalls

AutoNation Inc., one of America's largest automotive retailers, has announced a policy to not sell, lease or wholesale any new or used vehicle that has an open safety recall.

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AutoAp Launches Recall Notification Service

Dynamic Recall Management service enables fleet managers to access the daily recall status of their vehicles.

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Fleet Jam Session Returns to Auto Rental Summit

Three-hour workshop to feature fleet planning strategies, auction best practices, new lending opportunities and an insider’s look at repurchase programs.

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How Lenders Can Help Rental Fleets

Four car rental operators share their stories of finding lenders, how they strengthened these relationships and how lines of credit have helped their businesses expand.

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How Rental Companies Use Leasing

From taking advantage of a lessor's buying power to conserving capital, leasing is a good way to put wheels on the road — after doing your homework on the right type and terms for you.

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Element to Acquire GE Capital's Fleet Business

Toronto-based Element Financial Corp. has entered an agreement with General Electric to acquire GE Capital's fleet business in the U.S., Mexico, Australia and New Zealand for $6.9 billion.

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New Zealand Vehicles Now Average 14 Years

The average age of New Zealand cars has reached 14 years for an increase of 3.5 years in the past 15 years.

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GM Tops Total Fleet Deliveries for 2014

General Motors sold the most fleet vehicles in 2014 on the strength of its daily rental fleet sales, while Ford delivered the most vehicles to commercial and government fleets amid a rising tide of vehicle sales to close out the year.

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How to Buy Cars From Your Local Dealer

A local dealer can be a great source for spot buys — if you know how to manage the deal.

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Finding the Right Car to Match Your Rental Rate

As a small fleet, how much can your company pay for a vehicle and still profit in a rate-competitive environment? Here are some tips to help work toward a holding cost that is 40% of revenue.

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5 Ways to Meet this Year's Fleet Challenges

This year, the challenges will be both new and old, making fleet planning now more important than ever.

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Hertz Introduces 3 BMW Models to Dream Cars Collection

The Hertz Corp. has expanded its Dream Cars collection by adding three new BMW models: the 650i Gran Coupe, 650i Convertible and the M5.

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Action Car Rental Adds 30-Plus Vehicles

Action Car Rental plans to add more than 30 new vehicles to its rental fleet this summer, including Volkswagen Jettas and Ford Mustang convertibles.

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Avis Reveals 2014 Fleet

Avis Car Rental has unveiled its model-year 2014 vehicle roster, which will soon be available at locations across the United States.

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Thrifty Car Rental UAE Adds Volkswagen Models for Safety Reasons

The rental car company’s fleet now includes the Volkswagen Jetta and Passat to address customer’s safety concerns when choosing a rental car.

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Sixt Spain Announces Addition of Nissan Models

The Nissan Qashqai and Juke were added to Sixt’s Spanish fleet for the tourism market, according to an article from EventPlannerSpain on April 7.

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Hertz Expands Sports Car Fleet With Three Porsche Vehicles

The Porsche 911, Boxster and Cayenne are available to rent in California, Florida and Nevada.

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Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Autonomous Vehicles and the Changing Role of the Fleet Manager

With fewer drivers and substantially longer fleet lifecycles, fleet managers will pivot to new job functions.

2017: Fleet Mix Will Be Paramount

Car rental companies are migrating to vehicle segments with better residual values, though not without bumps in the road.

Auto Rental Summit: Five Trend Lines

Taking in the seminars, discussions, and networking at the 2016 Auto Rental Summit, trend lines emerged around shifts in model mix, data protection issues, increasing labor costs, workforce engagement, and new platforms to rent cars.

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