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Editorial

Our team of enterprising editors bring years of experience covering the fleet industry. We offer a deep understanding of trends and the ever-evolving landscapes we cover in fleet, trucking, and transportation.  

News•by Staff•August 23, 2021

Sixt’s Second Quarter Results on Par with Record 2019

Though overall revenues for the quarter were underwater by about 20% compared to the same period in 2019, Sixt posted a 6.3% earnings increase. While Sixt issued full-year forecast, it cautioned that uncertainty remains especially for the fourth quarter.

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News•by Staff•August 20, 2021

Used Vehicle Sales Slowing After Quick Spring Pace

High prices and relatively tight inventory keep more buyers at bay.

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News•by Staff•August 20, 2021

Used Vehicle Prices Set New Records Amid Tight Supply

The average listing price reached $25,500 as July closed, after surpassing the $25,000 mark for the first time ever in June.

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News•by Staff•August 20, 2021

GM Expands Chevrolet Bolt Recall to All Model Years

The batteries supplied to GM for these electric vehicles may have two manufacturing defects in the same battery cell, which increases the risk of fire.

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News•by Staff•August 18, 2021

Uber Rent Launches in Puerto Rico

With Uber Rent, users can rent a vehicle from car rental companies in Puerto Rico, including Avis Car Rental.

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News•by Staff•August 18, 2021

Automobile Prices Hit All-Time High in July 2021

Tight new-vehicle supply puts upward pressure on new-vehicle transaction prices. Affordability hits 10-year low in July.

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Photo Galleries•by Staff•August 17, 2021

Photo Highlights: 2021 International Car Rental Show

Held from August 15-17 at Caesar's Palace in Las Vegas, hundreds of car rental professionals gathered to hear the latest insights and trends from expert speakers, visit with vendors, and network with peers. Check out these highlights!

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News•by Staff•August 17, 2021

Used Vehicle Values Decline Slightly in August

The mid-month Manheim Used Vehicle Value Index is still up 18% year over year.

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News•by Staff•August 16, 2021

Expedia Report Shows Growth in Global Travel Searches

In Q2, Expedia Group’s Travel Recovery Trend Report showed that global travel searches increased more than 70% compared to Q1. Beach and city destinations made up the top 10 booked destinations around the world.

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News•by Staff•August 16, 2021

IARA in Final Stretch to 20th Anniversary Summer Roundtable

The conference will be the alliance’s first in-person event in two years and presents an active agenda for a changing industry.

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