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Fleet Acquisition

Newsby Martin RomjueNovember 2, 2023

October Fleet Sales Decline as YTD Momentum Steadies

The latest collective figures from the Detroit Big 3 and the Asian Big 6 show a dip in October but sales are still up by a third for the first 10 months of 2023.

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Newsby News/Media ReleaseOctober 30, 2023

U.S. Auto Sales Up in October Despite UAW Strike

While the UAW strike has slowed output at auto factories nationwide, the fallout has not fully hit consumers in dealer showrooms.

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Newsby News/Media ReleaseOctober 27, 2023

Drivalia Pursues Strong Growth in Ireland Market

With a starting focus on operational leasing and fleet management, the company will review opportunities to include subscription products, car sharing, and a shorter-term rental business.

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Newsby News/Media ReleaseOctober 5, 2023

New Vehicle Supply Rises Despite UAW Strike

Since the labor actions started Sept. 15, the U.S. has ample inventory for now from the Detroit automakers that should keep steady supply through the end of the month. The all-important Ford F-150 had 97 days of supply at the start of October.

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NewsSeptember 15, 2023

How Will UAW Strike Affect New, Used, and Rental Vehicles?

Analysis: The actions of the UAW will reverberate through the larger auto business, but nowhere near what was experienced in April 2020. Sales into fleet could suffer in 4Q if a strike is wide and persists. Rental car companies may return to the used car market like they did in 2021 and 2022, driving prices higher.

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Newsby News/Media ReleaseSeptember 7, 2023

New-Vehicle Supply Grows Ahead of Potential Strike

The United Auto Workers contract with the Detroit Big 3 automakers expires Sept. 14 as new inventory remains 68% above last year's level.

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Newsby News/Media ReleaseJuly 13, 2023

Beijing Allows Driverless Taxis For Commercial Service

The autonomous vehicles will serve the fare-paying public in a 193-square mile area following a series of trials and tests.

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Newsby News/Media ReleaseJuly 6, 2023

Hyundai Announces Changes to 2024-MY Lineup

This summary covers the upgrades and improvements to multiple Hyundai models, including the new Kona and Kona Electric.

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Newsby News/Media ReleaseJune 27, 2023

New-Vehicle Sales to Increase 11% Through First Half of 2023

Fleet sales have helped underpin the market improvement so far this year. Forecasts suggest fleet sales could increase by more than 40% year over year,

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Newsby StaffJune 26, 2023

Green Motion Continues Turkish Expansion

Green Motion adds new location servicing Diyarbakır Airport

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