U.S. Car Rental Market Achieves Record Revenue

Auto Rental News (ARN) has released its annual assessment of the U.S. car rental market, with updates on revenue, locations and cars in service by company.

In 2013, the U.S. car rental industry is expected to achieve record total rental revenues of about $24.546 billion, a 3.9% increase over 2012 revenues of $23.6 billion. The reported total average fleet size for the U.S. car rental industry is 1.95 million, a 4.8% increase over the average fleet size in 2012. The industry average revenue per rental unit, per month (RPU), was $1,048 for 2013.

“The car rental industry in America is on solid footing,” said Chris Brown, executive editor of Auto Rental News. “While revenues have reached an all-time high, RPU remains robust, even in the face of rising new car costs and softening used car values.”

The chart of the 2013 U.S. Car Rental Market (below) is included in ARN's annual Fact Book issue to be mailed soon.

Click here for statistics from previous years on the U.S. car rental market.

Complete ARN Fact Books dated from 2005-present are available for purchase here, and Fact Books from 1994-2004 are available for purchase here.

<p>The 2013 U.S. Car Rental Market chart.</p>

Comments

  1. Barnaby Hitzig [ December 6, 2013 @ 08:22PM ]

    I work for Enterprise and it's nice to see us on top. Thanks for the article! It's a great/stable business!

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

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.

Job Finder: Access Top Talent. Fill Key Positions.