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Our editorial staff has selected and edited this news release for clarity and brand style because we believe it is relevant to our audience.
Days’ supply by end of November was 77% higher than at the same time a year ago and the highest since March 2021. While inventory is up from recent levels, it remains low by historical standards.
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Green Motion celebrates the launch of its flagship airport location in the Portuguese capital of Lisbon, with plans to expand in two additional locations in Portugal in 2023.
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The luxury vehicle share sold increased to above 18% of total sales, lifting overall industry ATP, while non-luxury vehicle buyers on average paid more than $500 above sticker price.
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Adding another Italian location to its repertoire in the country, Surprice is now open in Turino's airport.
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Representing the brand's first franchise operation in the Middle Eastern country, Carwiz looks to grow its presence in the area.
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Known for its ad campaigns in Europe, Sixt for the first time commits to a national ad spend for the U.S. market.
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All eight major market segments again saw seasonally adjusted prices that were lower year over year last month, with compact cars showing the smallest decline.
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UFODrive is now operating its all-electric rental service in seven U.S. cities, including San Francisco, Austin, New York, Boston, Las Vegas, Chicago, and Miami.
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GM has overtaken Ford as the leader in the commercial channel, Ford remains on top in government fleet sales, while Stellantis’ share dropped.
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The car rental giant will pay $168 million, resolving 95% of its hundreds of claims relating to vehicle theft reporting.
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