Rental Fleet Sales Down 32% for H1 2022
The first-half total of 341,983 units marks the lowest rental fleet sales in at least 20 years — easily eclipsing the nadir of 788,349 units in H1 2011 as the industry dug out of the Great Recession.
The first-half total of 341,983 units marks the lowest rental fleet sales in at least 20 years — easily eclipsing the nadir of 788,349 units in H1 2011 as the industry dug out of the Great Recession.
Adding another EV to Virtuo's fleet is another step towards the company’s net-zero global pledge and takes their London fleet to 40% electric.
The rental software provider Rentall congratulates Naomi Virgo, promoted to managing director, running the company's entire car rental software portfolio.
An Estonian tech startup announced a partnership with the global rental operator to trial a new software to streamline car rental inspections.
Totaling more than $7 million in 2022, the organization is awarding its ROAD Forward grants to nearly 700 local non-profit organizations.
The industry started with a reasonable solution by developing hybrids, which increased the fuel economy on similar-size vehicles from the low 30 mpg to the mid-50s mpg. Hybrids also reduce CO2 emissions without the range anxiety.
The newest location in Arcadia, California, is Green Motion's latest affiliate opening in the U.S. that includes a fleet from manufacturers such as Tesla, Mercedes, and Chrysler.
Volkswagen reveals concept car as a preview of the electric vehicle family flagship. The four-door production model will be offered worldwide in the future in the premium mid-size segment.
In anticipation of the busy tourist season in Waiheke, GO Rentals opens a new location on the New Zealand Island making this the eighth location in the country.
The typical monthly payment hits a record of $712.
As gas prices surged to record levels, inventory of imports, especially smaller, fuel-efficient models, including hybrids, was among the lowest in the industry at the end of May.
The average listing price as May closed dipped to $28,312, compared with a revised $28,372 at the end of April.
Electric trucks are hitting the market as manufacturers struggle to keep up with consumer enthusiasm and demand, according to a Recurrent study.
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