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Monthly Rental Fleet Sales Dip Again As YTD Numbers Flatten
Pull-ahead demand for rental cars in the second half of 2025 appears to be slowing purchases so far this year.
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SEARCHMENUSEARCHPull-ahead demand for rental cars in the second half of 2025 appears to be slowing purchases so far this year.
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Independent and franchised car rental operators share their perspectives on vehicle availability and cost, fleet mix, car rental rates, incorporating technology and telematics — and how they plan to grow and change.
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While rental car companies continued to grow business in 2023, the rate of increase since the pandemic is easing back to normal levels.
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The total U.S. supply of available unsold new vehicles in November climbed 57%, or 925,000 units, from the same time a year ago.
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Bobit releases the latest aggregate numbers for specific fleet sectors as total sales look to close out 2023 well ahead of last year.
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The recent Fleet Forward Conference presented updates to the fleet, used vehicle, and electric vehicle supply and demand.
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Analysis: Slowing EV adoption, an expensive UAW labor contract, and higher consumer interest rates will diminish the profits and gains of recent years.
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The latest numbers add up to a gutpunch for the resale values of used electric vehicles as the early adopter market for EVs taps out and mainstream vehicle buyers remain cautious.
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Culminating in over 45 days on the picket line, members at each of the Detroit Three have approved new contracts in favor of the UAW.
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Wholesale used-vehicle prices decreased 2.3% in October from September and were down 4% from a year ago.
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Supply chains have stabilized while market headwinds from high interest rates and high prices are muting sales.
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