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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.
For 2023, Expedia Group’s Traveler Value Index revealed trends such as increased trips to culture-rich cities, an interest in wellness retreats, and a demand for outdoor destinations.
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Enterprise Holdings has partnered with Korea First Rent A Car to add Enterprise Rent-A-Car and Alamo franchise locations in South Korea. Currently, National Car Rental has two franchise locations in Seoul.
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The company will roll out fuel stations for hydrogen and battery vehicles that will be part of a dynamic nationwide charging network starting in 2023.
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Theeb Rent A Car has opened a new location in the city of Jeddah’s Al-Rabwa District.
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Enterprise Plus and National Car Rental's Emerald Club Members receive upgraded reward opportunities such as a free day, and elite tier extensions, and points promotion.
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The Preventing Auto Recycling Thefts (PART) Act can help address catalytic converter thefts by marking each converter with a traceable identification number and establishing these thefts as a criminal offense.
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Declines in Manheim Market Report prices, days' supply, and average daily sales conversion rates are following typical patterns for November.
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Days’ supply in October was 26% above year-ago levels. Used-vehicle inventory has been holding at about this level since mid-January.
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Days’ supply climbed to 49, the highest since May 2021. The question now is: Will demand keep up with supply?
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Higher rates are already shifting access to vehicles and financing towards wealthier consumers as overall affordability declines.
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