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Car IQ’s system eliminates card swipes at gas stations. But the greater benefit may be the reduction in unused cards, fraud, and fees — as well as the streamlining of payment processing across multiple merchants, municipalities, and toll authorities.
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As the rental car industry moves toward more AI use, it must guard against the weaknesses this technology presents.
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AI innovation comes with heavy responsibility. Know the risk and liabilities before adding user-accessible AI tools in rental car businesses.
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With lingering price and supply uncertainties, it’s important for rental companies to prepare ahead of time and be more open-minded about what vehicles will work in their fleet.
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With the move to virtual and digital solutions, auction companies are evolving to meet the changing needs of rental fleet customers, with a focus on new technology tools.
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Analysis: Consumers are repairing vehicles and holding them longer to avoid historically high used-car prices. The real question is: How long will used inventory remain tight and prices above normal?
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Rental companies operating in California must exercise caution when collecting data, as in-vehicle data collection can lead to legal complications.
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CAR 2023: What happens when you put four remarketing economists and analysts in one room? Lots of data, predictions, trends, and uncertainty.
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What does the future hold for the ridesharing and delivery services marketplace post-bankruptcy?
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Tracking wholesale prices, used vehicle values, sales, and supply trends across the industry unveils a broad picture: We're getting closer to normalcy.
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